Week Ahead highlights include lots of central banks - FOMC, PBoC, BoJ, BoE among them
Central bank activity is set to dominate the week ahead.
Source: forexlive.com
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Central bank activity is set to dominate the week ahead.
On Monday, in the Bombay Stock Exchange (BSE), 2,216 stocks advanced, 1,348 declined and 172 remained unchanged with advance decline ratio of 1.64, indicating strength in broader markets.
We had mentioned in Friday’s closing report that Nifty and Sensex may move sideways. On Monday, the indices opened flat and ended with gain.
PMI data from major economies including the US and Europe significantly contracted, suggesting the potential onset of stagflation.