Webinar: A Packed Week Including ECB, BoE and FOMC Meetings
With Christmas approaching fast, this week’s packed calendar will give investors the last chance to trade ahead of the holiday slow-down. While there are dozens of potentially market moving data releases, all eyes will be on the SNB, Fed, BoE and the ECB as they announce their monetary policy settings. While only the Fed is expected to change policy, the thoughts of the other central bank chiefs may guide the market in the near-term.
Other topics covered today include –
- Brexit negotiations will move on to stage two if the EU leaders agree ‘sufficient progress’ has been achieved at their Summit meeting on Thursday.
- US interest rates are expected to rise on Wednesday by 0.25% - will it be a case of ‘buy the rumor, sell the fact’?
- The Bank of England will leave monetary policy untouched but will inflation and wages data released this week prompt some hawkish discussion?
- The ECB will also leave all monetary policy levers untouched but President Draghi may have to explain how next year’s bond buying is going to be achieved as government bond limits near.
If you missed this webinar and would like to know about future events, see the full DailyFX webinar schedule here.
--- Written by Nick Cawley, Analyst
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.