Market Ahead Podcast, Sep 20: Factors that could guide markets this week
3 years, 3 months ago

Market Ahead Podcast, Sep 20: Factors that could guide markets this week

Business Standard  

The two-day monetary policy meeting of the US Federal Reserve will dictate global market trends this week. A Reuters’ poll has revealed that US economists expect the Federal Reserve to announce an impending policy shift in November, instead of September, due to disappointing jobs data, and an unexpected dent to the economic recovery in Q3. The knock-on-effect of the US Fed’s decision may also affect forex markets where the greenback may depreciate further if there is no announcement of tapering. Outcome of GST Council Meeting, stock-specific news flow, pick up in vaccination drive, and foreign fund activity will also guide markets this week.

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