Week Ahead - Welcome relief | Crypto Craft

  • Week Ahead - Welcome relief

    From marketpulse.com

    Further turbulence ahead? Financial markets enjoyed a little reprieve last week following a raft of central bank announcements the week before. Next week sees the focus remain on policymakers, with many set to appear at the ECB Forum on Central Banking in Portugal. Recessions have gone from being a potential consequence of high inflation and rapid monetary tightening to an increasingly likely scenario. Central banks are pushing back less and less against a period of negative growth, with Fed Chair Powell last week acknowledging it is “certainly a possibility”. Investors are looking for any indication that ... (full story)

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Pat Chiko
Jun 25, 2022 1:36pm
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ECB balance sheet hit another ATH as Lagarde keeps printing press rumbling despite record-high #inflation.

Total assets rose by €7bn to €8,827.9bn.

ECB balance sheet now equal to 82.4% of Eurozone's GDP vs Fed's 36.6%, BoE's 39.6%, BoJ's 136.3%.


The Best Christine Lagarde statement of all times is :
It will come.
In due course, it will come.”
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Hurst
Jun 25, 2022 10:29am
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Above you have a great example of news that does not help you as a trader. Consumer sentiment down and the market rallies??? Oh its because traders expect the FED to act. Rubbish, pure rubbish.

I expect the SP500 to not exceed 3984.44, Ideally it should turn between 3945 and 3193 two dates to watch are the 27.June 2020 and 28.June.
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