Stocks gain at start of week packed with earnings and rate decisions

SYDNEY/LONDON, July 29 - Global stocks edged up on Monday in a week packed with earnings and a trio of central bank meetings that could see the United States and UK open the door to interest rate cuts, while Japan might lift borrowing costs in a step toward"normality".

The U.S. Treasury will outline its bond sale plans for the quarter, while China's politburo meeting could produce more stimulus following surprise rate cuts last week. "The FOMC is set to hold steady but is likely to revise its statement to hint that a cut at the following meeting in September has become more likely," wrote analysts at Goldman Sachs in a note.

Investors are less sure whether the Bank of England will ease at its meeting on Thursday, with futures showing a 51% probability of a cut to 5%. Around 40% of the S&P 500 by market worth will report this week, including tech darlings Microsoft , opens new tab, Apple , opens new tab, Amazon.com , and Facebook-parent Meta Platforms , opens new tab. "With some sizeable moves implied by the options market for the individual names on the day of reporting, movement at a stock level could resonate across other plays within their sector and potentially promote volatility," said Chris Weston, head of research at broker Pepperstone.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Why bad news is good news in a bull market: Stocks in TranslationThe major indexes (^DJI,^GSPC, ^IXIC) are in a record-smashing year as bullish calls on the S&P 500 pile up. RBC recently revised its S&P 500 (^GSPC) target ...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

BlackRock bullish on U.K. stocks after elections, Japan stocks are top playBlackRock Investment Institute said in a mid-year outlook report that the prospect of higher-for-longer interest rates made inflation-linked bonds attractive
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Stock market news today: US stocks steady after steep Big Tech-led sell-offEarnings misses have put the spotlight on the health of the economy after a Big Tech-led sell-off.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market news today: Stocks whipsaw after steep Big-Tech sell-offEarnings misses have put the spotlight on the health of the economy after a Big Tech-led sell-off.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market news today: US stocks set for rebound as investors wait for key inflation dataInvestors are looking to the Fed-favored inflation data to calibrate the timing and depth of rate cuts.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market news today: US stocks set for rebound after key Fed-watched inflation dataInvestors are looking to the Fed-favored inflation data to calibrate the timing and depth of rate cuts.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »