12/10/2023, 5:49 PM (Source: TeleTrader)
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Week ahead: Central bank insights, political moves and corporate reports

As the global financial stage prepares for a dynamic week ahead, the markets brace for corporate disclosures, political maneuvers and the influential guidance of the United States Federal Reserve.

The Golden Globes nominations kick off the week, setting the tone for the entertainment industry. Earnings reports from tech giants Oracle Corp. and Adobe Inc., coupled with Costco Wholesale Corp. will capture investors' attention. During the week, former US President Trump will host an event in Iowa and Russian President Putin convene his annual conference. US House Republicans are also poised to formalize their impeachment inquiry into President Joe Biden, adding a layer of political intrigue.

On the economic front, eyes will turn to data releases, including Japan's Producer Price Index (PPI), the British unemployment rate and the US Consumer Price Index (CPI), a crucial measure of inflation. On Wednesday, the spotlight will shift to the Federal Reserve's much-anticipated summary of economic projections and its consequential interest rate decision, providing insights into officials' expectations for the upcoming year. Additionally, the United Kingdom's Gross Domestic Product (GDP) and its trade balance data, as well as the monetary policy decisions from the Swiss National Bank (SNB), the Bank of England (BoE) and the European Central Bank (ECB) will contribute to a dynamic week.

Baha Breaking News (BBN) / NL