We enter this week on hot coals, as trading opens on major economic events that could cause strong fluctuations in global markets. Anticipation is rising, and eyes are on decisions that could shape the upcoming phase.
Here are the main events we will witness:
1. Tariffs between the U.S. and China:
Trade tensions are back in the spotlight, amid talks of new decisions that could reshape the economic relationship between the two giants.
2. U.S. Gross Domestic Product (GDP) statement – Wednesday:
A critically important report that will clarify whether the U.S. economy is nearing the brink of recession or not.
3. U.S. inflation data – Wednesday as well:
A key indicator closely followed by the markets, and its results will impact the Federal Reserve's direction regarding interest rates.
4. Employment and unemployment data (NFP) – Friday:
The most important report in the labor market, which could ignite the markets by the end of the week if it comes with surprising numbers.
In summary:
We are facing a week full of volatility, where markets will react quickly and sharply to every piece of information. Therefore, traders should exercise utmost caution and carefully adjust their strategies. Opportunities are significant, but so are the risks.