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FOMC, BOJ, BOE take the reigns of market drivers: The Week Ahead
To think this time last week, Joe Biden was still running for reelection. But my hunch that he’d pull out of the race over the weekend played out, and Kamala has taken his spot. It may not be a radical overhaul where policies are concerned, but it has certainly brought the Democrat’s prospects for maintaining power back from the brink of death. From a market perspective, it means Trump is no longer a ‘walk in’ President, and political headlines from the US are no longer driving sentiment for now. Thankfully, we have intertest rate decisions from the FOMC, BOE and BOJ, along with NFP and Australia’s CPI ... (full story)