NFP Bolstering Investor Confidence | BDSwiss Weekly Market Outlook

-ECB Rate Adjustment This week, the European Central Bank is likely to announce a reduction in interest rates scheduled for June. The focus may centre on whether the central bank will implement two rate cuts or adopt a more cautious approach. Consequently, this week’s press conference is anticipated to be intriguing and could introduce additional volatility. Much depends on Christine Lagarde’s commentary regarding the situation. -US Fed This week, traders will closely monitor the inflation report scheduled for Wednesday to gain further insights into potential rate adjustments. The CPI data is expected to remain at stable levels, possibly prompting the central bank to delay interest rate reductions. Given the robust state of the economy, there appears to be no urgency compared to the ECB. Meanwhile, yields for US treasuries have continued to rise, reaching the highest level since November of last year. -Market Talk The markets begin the week steadily, with equity markets continuing their ascent. Friday’s robust NFP data appears to have bolstered investor confidence, leading to a resurgence in the stock market. Particularly, the NAS100 and SPX500 have shown signs of upward momentum. Additionally, metal prices have surged amid ongoing geopolitical tensions. Meanwhile, oil prices have seemingly stabilized after a recent sharp increase, although they may remain volatile in the near term. Check the UPCOMING WEBINARS here: • Download the BDSwiss iOS app: • Download the BDSwiss Android app: • Join our Telegram Channel: • Like us on Facebook: • Follow us on Twitter: • Follow us on LinkedIn: • Follow us on Instagram: • Subscribe to our Channel: Your capital is at risk. T&Cs apply.