Key day: The ECB will raise rates and Powell speaks – 5 keys this Thursday

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Investors today will be keeping a close eye on the European Central Bank’s (ECB) interest rate decision and what its President, Christine Lagarde, has to say.

We will also be attentive to the statements of Jerome Powell, president of the US Federal Reserve (Fed).

Oil is trading higher .

Cryptocurrencies are moving higher this morning.

These are the five factors that investors should take into account today when making their decisions:

1. ECB interest rate decision

At 2:15 p.m. Spanish time, the ECB will communicate its interest rate decision . The pools have been gradually pointing to a possible rise of 75 basis points. At 2:45 p.m. Spanish time we will be attentive to the press conference of Christine Lagarde, president of the organization.

2. Powell statements

At 3:10 p.m. Spanish time, when Christine Lagarde’s press conference has just finished, the appearance of Jerome Powell , president of the Fed, begins. Investors will be very attentive to what he has to say, just 2 weeks before the rate decision of the US body.

3. Crypto on the rise

The cryptocurrency sector is still trying to recover positions this morning. Bitcoin is trading at $19,000 and Ethereum at $1,600.

4. Asia and American Stock Market

Mixed sign today in the main Asian indices. The Nikkei rises 2.2%. Hong Kong’s Hang Seng lost 0.3% and the Shanghai Composite traded flat.

As for Wall Street, the market ended yesterday in the green. The closings of the S&P 500 (+1.8%), Nasdaq (+2.1%) and Dow Jones (+1.4%) stand out.

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