Dow Jones and FTSE 100 Forecast for the Week Forward

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Dow Jones and FTSE 100 Forecast for the Week Forward

Fairness Evaluation and InformationDow Jones | Coronavirus Newest Shrugged Off, Traders on Fed WatchFTSE 100 | Financial institut


DJI 2-hr Price Chart

Fairness Evaluation and Information

  • Dow Jones | Coronavirus Newest Shrugged Off, Traders on Fed Watch
  • FTSE 100 | Financial institution of England to Chorus from Reducing Curiosity Charges

Dow Jones and FTSE 100 Forecast for the Week Ahead

Supply: Thomson Reuters, DailyFX

Dow Jones | Coronavirus Newest Shrugged Off, Traders on Fed Watch

The Dow Jones stays elevated as tech and defensive sectors underpin the index. Nevertheless, we see warning in chasing the market larger amid rising dangers of a possible correction. Not like the Chinese language inventory market (Hold Seng & Shanghai Composite), the most recent considerations surrounding the Coronavirus outbreak has been shrugged off up to now by US indices. Nevertheless, with studies suggesting that circumstances are arising within the US, this may occasionally present an opportune second for bulls to move for the exit.

That stated, among the many predominant focal factors subsequent week would be the Federal Reserve assembly on Wednesday, with consideration significantly being positioned on rhetoric across the steadiness sheet. Not too long ago, Fed’s Kaplan had warned that injections of liquidity is fueling danger taking, which is echoed by the graph under. As such, whereas unlikely at this level, potential commentary surrounding a doable wind down in steadiness sheet development could be detrimental for danger sentiment.

US Fed balance sheet and s&p 500

Elsewhere, index heavyweights Apple (Jan 28th) and Boeing (Jan 29th) will probably be offering their newest monetary figures, the place the latter stays…



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