Today it is the FED’s turn, financial markets also await the first big tech companies to examine quarterly reports
The financial markets are preparing for an important day with regard to monetary policy and corporate earnings. In the background are the developments in the DeepSeek affair and the positive momentum of gold and the dollar.
Looking at our intermarket dashboards we observe a slowdown in the relative strength of gold against the dollar, with the latter continuing to appreciate in response to new US tariff announcements. The three major asset classes continue in their trends: bullish for equities, still bearish for bonds (to be closely monitored) and sideways for commodities.
Today was a day of central banks and corporate earnings. Pending the decision of the FED (unchanged rates) and the Canadian central bank (25 basis point cut). In the evening will come the quarterly reports of biggies such as Meta and Apple, in a scenario already buzzing with excitement over the DeepSeek deal and its developments.
Our forecast analysis indicates a mixed day on the equity markets, with positive indications for Europe and some more uncertainty in the US. On the bond front, prices are expected to recover further, while volatility should tend to stabilise.
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NOTES AND WARNINGS
Analysis automatically generated by kbmeter.com. Analysis date: 29 January 2025 - 8:04 AM GMT+1
This content is provided for informational purposes only and should not be considered financial advice. All scores and assessments are based on the previous trading day’s closing prices. Futures indications refer to the date and time of the analysis.
