Business Lookahead: Fed straight ahead
STORY: From a U.S. Federal Reserve meeting to Apple and Amazon reporting results... these are the stories to watch in business and finance in the coming week.
The Federal Reserve meets on Tuesday and Wednesday.
Rate action is unlikely, but comments from Fed Chair Jerome Powell about the potential for policy easing later in 2024 will be scrutinized.
Fed futures markets now predict some 35 basis points of easing in 2024 down from 150 expected at the start of the year.
The last of the "Magnificent Seven" megacaps to report are Amazon on Tuesday and Apple on Thursday.
Some of their peers such as Tesla and Facebook parent Meta Platforms have given a mixed performance.
Apple shares have lost their luster in 2024, tumbling over 10%.
Amazon's shares are faring better so far this year, having risen 18% as of Wednesday.
Official figures for China's PMI index are due on Tuesday and the Caixin/S&P Global manufacturing PMI survey is expected shortly afterwards.
Upbeat data could revive spirits and bring relief to policymakers who have been trying to shore up growth.
Global investment houses have turned increasingly bullish on Chinese stocks, helping the blue-chip CSI 300 index tack on more than 10% from a February trough.
But Beijing is still in a bind over its currency - with the yuan sliding against a perky dollar.
Euro zone inflation and economic growth data due out on Tuesday could strengthen market bets for the ECB to lower its deposit rate from a record 4% in June...
although policymakers are not expected to move very fast after that.
Economists polled by Reuters expect euro zone GDP to have expanded by just 0.1% in the first quarter year-on-year.
相關影片推薦
- 0:47彰化伸港3姊弟車禍 姊姊急性水腦症昏迷命危|#鏡新聞鏡新聞132,011 次觀看・12 小時前
- 1:40直擊波音767貨機「機頭觸地」驚險迫降 火光四射、濃煙竄出 起落架故障釀禍Yahoo奇摩(國際通)18,875 次觀看・10 小時前
- 報稅季來了!這樣做不踩雷又省荷包!進擊的荷包67,218 次觀看・1 週前
- 1:54520禮賓大使亮相! 女性首穿「褲裝」打破傳統|#鏡新聞鏡新聞5,717 次觀看・8 小時前
- 1:55500年歷史「瑞士衛隊」世界最小軍隊 限「無可挑剔的品格」單身男 成員僅135人Yahoo奇摩(國際通)9,894 次觀看・6 小時前
- 2:01美菲近台海域聯合軍演 飛彈擊沉「中國製船艦」畫面曝光 中批「精神勝利法自我安慰」Yahoo奇摩(國際通)2,296 次觀看・10 小時前
- 3:42專訪/Toro未婚自爆「4個伴侶」! 幻想Energy組5夫妻被猛虧TVBS新聞網影音2,227 次觀看・8 小時前
- 1:57炎亞綸4度開庭!被問復出「沒想那麼多」 耀樂離開秒發文:要走的路還很遠娛樂星聞60,682 次觀看・10 小時前
- 1:04網戀詐騙!60歲婦愛上特斯拉「馬斯克」 要匯16萬買車東森新聞影音12,601 次觀看・7 小時前
- 1:34台荷混血三兄弟大哥扛家計 娶美嬌娘太平雲梯辦婚禮民視影音243,241 次觀看・3 天前