The upcoming week is set to be pivotal for global markets with key macroeconomic events and corporate developments. Following robust US non-farm payroll data, expectations for a Federal Reserve rate hike have intensified, impacting commodities and equities. Spot gold has seen significant declines, while the US dollar index has strengthened, surpassing the 100 mark. US tech stocks experienced sharp declines, with the Nasdaq Composite dropping 4.18%.
Key economic data releases include the US CPI figures on Wednesday, alongside interest rate decisions from the Bank of Canada and the European Central Bank. Additionally, SpaceX's potential IPO, expected to commence on Friday, is anticipated to influence market sentiment significantly. Other notable events include Apple's Worldwide Developers Conference and earnings reports from Oracle and Adobe, which are likely to drive market volatility.
US CPI and Central Bank Decisions to Shape Markets Amid SpaceX IPO Buzz
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