Main Events:
The Fed will not cut the rate during 2023 and may raise it even more. These are the conclusions that can be drawn from the minutes of the last meeting of the regulator, but so far the markets do not believe in it.
Inflation in the EU began to decline and amounted to 9.2% in December. The fall in oil prices and an abnormally warm winter helped. But the ECB is not going to slow down on tightening monetary policy.
Unemployment in the US is declining and this was seen as a good sign to avoid a recession. We will see...
Summary:
Optimists picked up at the end of the week and already 17% believe that on February 1, the Fed will not raise the rate at all. Next week, US inflation data will be released and the reporting season will start. Depending on these data, the position of the optimists may strengthen or the pessimists will seize the initiative.
Сourses:
S&P 500 - 3,895 (↑1.98%)
Gold - $1,865 (↑2.35%)
Oil Brent - $78.56 (↑8.57%)
USD INDEX - $103.91 (↑0.40%)
