
Three Key Events to Shape Global Markets This Week
This week's global markets will be influenced by several key events. Firstly, US Treasury Secretary Scott Bessent will meet with Chinese officials in London to discuss tariffs, a development that could impact global trade relations. 'The situation between the two countries has de-escalated in the past few days,' the author of a recent video noted, referring to China's agreement to reopen rare earth exports. Secondly, several major companies, including Oracle and Adobe, will release their earnings reports, providing insights into corporate performance. Finally, the highly anticipated CPI inflation report is expected to show an increase, potentially exceeding the 2.5% forecast. Economists are closely watching this data for signs of inflationary pressures. The potential impact on the market is significant, with any number higher than expected potentially sending the market into the red. The following day, the PPI report will provide additional insight into wholesale inflation levels. These events will be closely monitored by investors and economists alike.