Market Uncertainty Continues Amid Central Bank Decisions in Asia and Europe.

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Source: DailyFX
Market Uncertainty Continues Amid Central Bank Decisions in Asia and Europe.
Photo: DailyFX
TL;DR Summary

Wall Street looks set to deliver its fifth consecutive week of gains, with market participants not buying into the Fed's hawkish guidance. Economic data saw US retail sales turned in a positive surprise, while jobless claims' numbers indicated further progress in cooling the overheated US labour market. Asian stocks look set for a mixed open, with the Nikkei diverging from the positive handover in Wall Street. The Bank of Japan meeting will be in focus, with speculations for a quicker policy shift from the BoJ not receiving much validation by policymakers thus far. The trend for EUR/USD is tilted to the upside following the ECB meeting.

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