BoJ accommodating; a day for the ECB: 5 keys this Wednesday on the stock market

By: News Team

Published on:

BoJ accommodating; a day for the ECB: 5 keys this Wednesday on the stock market

Pending the European Central Bank’s (ECB) interest rate decision on Thursday, today the Bank of Japan has reiterated its accommodative policy.

Business results season continues.

The petroleum Quote with increases.

Cryptocurrencies move with rises this morning.

Here are the five factors that investors should consider today when making their decisions:

1. Minutes of the BoJ
This morning, the Bank of Japan (BoJ) has reiterated its accommodative stance in the Minutes of the last monetary policy meeting.

2. Business results
Business results season continues. Today Inditex (BME) presents its figures:ITX), E.ON (ETR:EONGn) and Adobe (NASDAQ:ADBE), among others.

3. Crypto, on the rise; Coffee falls
The cryptocurrency sector continues to rise. The Bitcoin It is quoted at $ 24,000 and the Ethereum in the 1,600.

Attentive also to the price of the U.S. coffee these days. Today it moves at 175 dollars.

4. Asia and the American stock market
Positive sign today in the main Asian indices. The Nikkei up 0.03%, the Hang Seng of Hong Kong gains 1.5% and the Shanghai Composite 0.5% is scored.

As for Wall Street, the market also ended in the green yesterday. The closures of the S&P 500 (+1.6%), NASDAQ (+2.1%) and Dow Jones (+1%).

5. Macro data
Among the macroeconomic references in Europe, the CPI of Francethe industrial production in the Eurozone and the Wholesale Price Index in Germany.

In the United States we will know the Oil inventories raw of the IEA and the Retail.

Leave a Comment