After a wild week in the markets last week, this week appears to be just as substantial. With the Fed meeting on Tuesday and Wednesday, interest rates will be decided on as well as U.S. monetary policy going forward. Reuters reports that
“The Fed could well set the balance-sheet-reduction process in motion,” said Daniel Lenz, an analyst at DZ Bank in Frankfurt. Such a move would be part of a global reversal of cheap money policy.”
In addition to the Fed meeting, “world stocks hit another record high on Monday and the dollar reached an eight-week peak against the yen,” with Asian shares coming out particularly well. Japan will also have their Federal Reserve meeting this Thursday. Via reuters.com
This week is also a big one for politics, with numerous elections going on in Europe and Asia. Reuters gives the full report which you can see by clicking here.
With so many important events coming up this week, sign up for our free newsletter or follow us on Facebook to keep up to date with the latest in financial news.
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