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Smart Look At The Week Ahead: America Leaves Markets Guessing
By The Smart Investor  •  October 4, 2020
The focus next week will be the pilitical turmoil caused by the sudden hospitalisation of Donald Trump when he contracted COVID-19. Traders will be left guessing on developments over the US presidential election. There could be some clues when Mike Pence and Kamala Harris go head-to-head in the vice-presidential debate. On the economic front, the Federal Open Market Committee meeting minutes will be pored over for clues about how long US interest rates could be kept on hold. China will report purchasing managers’ indices that could suggest the services sector continued to expand in September. It would be the fifth successive month of expansion. Eurozone retail sales could have expanded again in August. But the recovery could be anaemic. In July, they missed market expectations of 3.5% year-on-year growth and grew just 0.4%. The Reserve Bank of Australia will announce its latest interest-rate decision. The central bank is expected to keep the cash rate unchanged at a record low of 0.25%....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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