After the last interest rate meeting of the Federal Reserve this year, the central bank of Australia and Japan will hold interest rate meetings this week, while Micron, Nike, and FedEx will hold financial report meetings this week to kick off the financial report week. In addition, the United States will release PCE price data. There are also more data from Japan, Canada and others.
Australia, Japan central bank interest rate meeting
The Federal Reserve’s December interest rate meeting announced that it would raise interest rates by 2 yards to 4.25%-4.5%, the highest level since 2007, and hinted that the terminal interest rate will be higher than originally expected, and may exceed the 5% expectation.
The Bank of Japan (BOJ) interest rate meeting will be held on the 20th and will issue a monetary policy statement. The market expects this time to maintain the previous level of regarding 0.1%. In addition, Australia (RBA) and India’s central bank (RBI) will also hold meetings on the same day The interest rate meeting announces the latest interest rate decision.
U.S. stock earnings week kicks off with Micron and Nike earnings announcements
Nike, FedEx, and Micron will announce their financial reports one following another this week, kicking off the US corporate earnings week. Corporate fundamentals will become the focus of the market, and operating results, future prospects, and stock price performance are important observation indicators.
The price index of major economies such as the United States and Japan
Inflation in the United States has cooled significantly. Consumer prices increased by 7.1% in November, which was lower than market expectations and hit a new low since December last year. This week, the annual growth rate of the core PCE price index in November will also be announced, and the market expects it to be 5% higher than the previous month. fell to 4.6%. In addition, Canada and Japan will also release CPI data.