An intense week of macroeconomic data has concluded that central banks will maintain their upward trend in interest rates at least until mid-2023.
The petroleum Quotes with falls.
Cryptocurrencies are also moving with declines this morning.
Here are the five factors that investors should consider today when making their decisions:
1. Fed, ECB and interest rates
The macroeconomic data known this week, such as the CPI in the U.S. and in several countries of the Eurozone, and the various statements of central bankers make it clear that the fight against inflation is not yet over, leading to think of several Rate hikes more this year.
2. Business results
The earnings season is coming to an end. Today Hermes International (EPA) presents its figures:HRMS), Deere & Company (NYSE:OF) and Daimler (TBT:DMLRY), among others.
3. Crypto and coffee, down
The cryptocurrency sector falls after yesterday’s rises. The Bitcoin It is quoted at $ 26,000 and the Ethereum in the 1,600.
Attentive also to the price of the U.S. coffee these days. Today it moves at 180 dollars.
4. Asia and the American stock market
Negative sign today in the main Asian indices. The Nikkei falls by 0.7%, the Hang Seng of Hong Kong loses 0.7% and the Shanghai Composite Quote flat.
As for Wall Street, the market also ended in the red yesterday. The closures of the S&P 500 (-1.3%), NASDAQ (-1.7%) and Dow Jones (-1,2%).
5. Macro data
Among the macroeconomic references in Europe, the CPI of France and the Euro Zone current account.
In the United States we will know the number of Baker Hughes oil rigs.