Top 5 things to watch in markets in the week ahead
Investing.com -- Geopolitical tensions remain to the fore, while earnings and U.S. retail sales data will give an insight into the health of the consumer. Federal Reserve Chairman Jerome Powell is to speak while economic data out of China and the U.K. will be closely watched. Here’s what you need to know to start your week.Third quarter earnings season picks up steam, with several major U.S.
Also pushing prices higher was the U.S. move on Thursday to impose the first sanctions on owners of tankers carrying Russian oil priced above the Group of Seven's price cap of $60 a barrel, an effort to close loopholes in the mechanism designed to punish Moscow for its invasion of Ukraine. U.K. inflation has come in above expectations and ahead of BoE forecasts for most of the year before slowing more than expected in August, wrongfooting markets. That said, it’s still well above the BoE’s 2% target.
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