In advance of next week’s much-anticipated Federal Reserve (Fed) meeting, the market will be focused on earnings reports and geopolitical tensions. Because of the blackout period in advance of the meeting, markets will have limited new information on monetary policy and the economy.
The busy earnings calendar will no doubt bring surprises as the environment for companies has been very dynamic in 2019, with some industries seeing tailwinds while others have had to overcome significant challenges. The markets will also keep a close eye on rising tensions in the Middle East, particularly Iran. If tensions continue to rise, investors should look for oil prices to increase, adding pressure on risk markets.
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