US Fed Chairman’s Speech on Aug 28 Will Be Eagerly Watched by Stock Market Investors: Know Why
5 Articles
5 Articles
Investors expect Kevin Warsh, the new president of the Federal Reserve (Fed), to clarify his vision of how the US central bank should react to persistent inflation. The question that does not want to shut up is whether the Fed will increase interest in September to fight the high price or follow the mission Donald Trump gave to Warsh when he indicated it to the position: to lower. So far, the Fed of Warsh plays standstill.
US Fed chair Warsh's speech to US-Iran war: Top five triggers that may dictate the Indian stock market this week
Indian stock market: For the week, the Nifty dropped around 0.47% to end at 24,252, while the Sensex declined nearly 0.60% to close at 77,540.83. While some of the global triggers continue this week, read on to know what are the fresh factors to watch out for this week.
US Fed chairman’s speech on Aug 28 will be eagerly watched by stock market investors: Know why
This week the factors influencing the stocks markets will be the West Asia theatre, crude oil supply and the condition of the Strait of Hormuz. But this week investors and analysts will be also eagerly waiting for the speech of Kevin Warsh, the chairman of the US Federal Reserve. It will influence the mood of the market even in this uncertain times.
The coming week will feature some of the final reports of the reporting season on the Stockholm Stock Exchange. On the other side of the Atlantic, Fed Chairman Kevin Warsh will give his first speech in Jackson Hole – and there will also be a long-awaited report from the world's largest company.
The Indian stock market experienced pressure last week. The Sensex closed down about 0.6 percent and the Nifty down about 0.5 percent. However, the market recovered somewhat on Friday. The market's direction between August 24th and 28th will depend on several domestic and global cues.
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