5 Developments to Follow Next Week

5 developments to follow during the next week have been compiled. The FED meeting stands out among these developments.

Markets that have been in turmoil lately are focused on the FED (US Federal Reserve) meeting to be held this week. While the FED meeting will be the prominent development, the 5 developments to be followed will be as follows:   1.FED (US Federal Reserve) Meeting As a result of the FED's two-day meeting on Wednesday, it is estimated that it will leave interest rates stable at 0.0-0.25%. On the other hand, the speech to be made by FED Chairman Jerome Powell after the meeting draws attention as an important topic as much as the meeting. Market actors will want precise signals of Powell and politicians' concerns about the increase in returns amid rising inflation expectations.   2.US Retail Sales Data The Ministry of Commerce will announce the retail sales data for February on Tuesday. It is agreed that the report will show that there was a 0.6% decrease in sales last month. Excluding the automobile industry, sales are expected to decline by 0.1%, after an increase of 5.9% in the previous month. In addition to retail sales, this week's economic data calendar will include surveys on initial jobless claims, industrial manufacturing, residential startups, manufacturing conditions in the Philadelphia and New York regions.   3.Earnings of FedEx and Nike Will Be Announced Earnings reports of major companies including FedEx and Nike, which are said to attract the greatest attention, will be carefully monitored on Thursday. Other notable names outside of FedEx and Nike include Dollar General, CrowdStrike, Coupa Software, PagerDuty, and SunDial Growers.   4.Bank of England (BoE) Meeting BoE executive Andrew Bailey and other policymakers who decide on interest rates are predicted in Thursday's BoE policy announcement that they will keep borrowing costs steady at 0.10 percentage points. Economists forecast a 9-0 vote on the monetary policy committee in favor of keeping interest rates at the current level.   5.Bank of Japan (BoJ) Meeting The BoJ, who leads the yield curve control, is expected not to change its monetary policy at its two-day meeting ending Friday. In addition, some sources say the bank can provide a clearer guide to what they see as the acceptable level of volatility in long-term interest rates. BoJ Director Haruhiko Kuroda will hold a press conference after the decision debate.     Source: Investing.com