In terms of data, this week is relatively less risk heavy but post-Brexit fallouts can always compensate for that.
What to watch for over the coming days:
- US earnings season -
Once again the earnings will keep dominating the movement in S&P500 and will act as a key ingredient in the market in defining the risks. More than 90 companies listed on the S&P 500 are scheduled to report results this week, which include some of the big names like Bank of America, Morgan Stanley and Goldman Sachs, Yahoo, Netflix, Microsoft, Halliburton, Intel, Qualcomm, Schlumberger, Chipotle, and Starbucks.
- US Presidential Election -
Much anticipated Republican Party’s convention is beginning this week, on Monday. Political analysts are likely to keep a close eye on this three-day event to see whether Republican presumptive nominee Donald Trump secures the united party backing or not.
- ECB monetary policy –
European Central Bank (ECB) monetary policy decision is the most important scheduled event as it will be the central bank’s first policy meeting since the UK referendum vote. While Bank of England (BoE) has cleared its intention of easing probably in June, ECB hasn’t signaled much other than the saying that the referendum likely to weigh over growth in the Eurozone.


Gold Prices Fall as Stronger Dollar Weighs on Bullion
Indian Stocks Fall as RBI Hikes Rates to 5.50%
Nasdaq Hits Record High as Tech Stocks Lift Wall Street
Asian Currencies Mixed as Yen Weakens, Dollar Holds Firm
FxWirePro: Daily Commodity Tracker - 21st March, 2022
UK House Prices Flat in September as Mortgage Rates Weigh
Trump Plans Diesel Tax Relief as Fuel Prices Hit Record Highs
Oil Prices Fall as Middle East Exports Recover, G7 Eases Supply Fears
Asian Currencies Steady as Dollar Holds Near 18-Month High 



