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Week Ahead: Spotlight on ECB meeting and UK data
There is so much going on right now in markets, with several competing drivers and themes. Central bank policies and interest rate expectations, Middle East tensions and the oil price, China’s stimulus measures, plus an incoming earnings seasons and coin flip US Presidential election, all need to be considered. And yet, US stock markets continue to make fresh record highs as the soft landing plays out, boosted by the Fed’s recent half-point rate cut and a blockbuster jobs report. As one investment bank economist recently wrote rather aptly, “if all else fails, central bankers come to the rescue”. We get to ... (full story)