In this week, we will focus on minutes of the Fed’s latest policy meeting with hopes the central bank will give more hints on the pace of future rate hikes this year.
Staying in the U.S., a report on existing home sales will be the highlight of the holiday-shortened week. Markets stateside will remain closed on Monday for the President's Day holiday.
Global growth is improving and U.S. corporate earnings look healthy. Interest rates and inflation remain low by historical standards despite recent signs they may be rising. All this should push share prices higher.
USD/JPY should recover in this week.
Staying in the U.S., a report on existing home sales will be the highlight of the holiday-shortened week. Markets stateside will remain closed on Monday for the President's Day holiday.
Global growth is improving and U.S. corporate earnings look healthy. Interest rates and inflation remain low by historical standards despite recent signs they may be rising. All this should push share prices higher.
USD/JPY should recover in this week.
