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Fundamentals to watch out for this week

This week is relatively risk heavy compared to last week. Focus is on FOMC rate decision.

What to watch for over the coming days:

  • Central banks’ rate decisions on Wednesday:

Three major central banks, U.S. Federal Reserve, the Bank of Japan, and Reserve Bank of New Zealand; all are set to announce monetary policy decision on Wednesday. The first two would attract most of the limelight and investors would like to see; how the Bank of Japan (BoJ) responds to relentless deflation and the strength of the yen; the focus for the Fed would be on its actions, whether its raises rates or not. While the U.S. economic data has been weaker, inflation has ticked up. As of now, the market is not pricing a hike and we expect a much divided Fed, whatever may be the outcome be.

  • UN Assembly:

For those who are keeping a close watch on the geopolitics, this week is vital as the current world order unravels and the UN assembly is scheduled. The world leaders would gather on September 20th in New York City for the UN General debate.

In addition to the above, unscheduled Brexit commentaries would keep weighing on the market.

 

  • Market Data
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