Saturday, July 27, 2024

Prelude to Central Bank and ECB? 5 Keys This Wednesday by Investing.com

Must Read
© Reuters.

By Laura Sanchez

Investing.com – This morning we saw the Central Bank of New Zealand maintain its dovish approach. This is a good prelude to December and December meetings.

Today we also know the central bank minutes.

The season of corporate results continues.

He flatly quotes.

Cryptocurrencies are moving higher this morning.

Here are five factors investors should take into account when making their decisions today:

1. New Zealand raises rates; Feed minutes

The Reserve Bank of New Zealand this morning raised its rates by 75 basis points (from 3.5% previously to 4.25%), confirming the dovish strategy of the world’s major central banks.

At 8:00pm Spanish time, the minutes of the central bank’s last monetary policy meeting will be released.

2. Business results

We are still in the season of business decisions. Today it’s the turn of Deere & Company (NYSE: ), Naspers (JO: ) and Aedas Homes (BME: ).

3. Crypto Bounce; Coffee is also rising

The cryptocurrency industry is trying to recover from the crash caused by the bankruptcy of FTX. He is listed at $16,000 and $1,100.

Also pay attention to the prices these days. Today it is hovering around 165 dollars.

4. Asia and US stock market

Positive sign today in major Asian indices. He rises 0.6%, gains 0.8% from Hong Kong, which registers 0.2%.

As for Wall Street, the market also ended in the green yesterday. The S&P 500 (1.3%), (1.3%) and (1.1%) stand out.

5. Macro data

Among macroeconomic cues in Europe, manufacturing, composite and services PMIs stand out, , and .

See also  New Zealand's route to France 2023

In the United States we know, as well as and the .

Latest News

More Articles Like This