JAN 27. FOMC week again…

Chun09
4 min readJan 28, 2023

It’s been already the last week of Jan and start of Feb. Time really flies.

Europe’s Central Bank, Bank of England and FED, will have meeting next week and decide the rate, the first time in this year. Markets are going to watch these numbers very closely.

Russians are attacking Ukraine harder this week and China will be back into the international market next week.

Israel is attacking Gaza strip again last night, meaning higher tensions on that region and possibly higher crude oil prices in Feb.

US Stock markets were generally up and closed this week.

DJ Index was up by 0.1%, S&P 500 Index was up 0.3% and NASDAQ Index was up 1.0%.

Earnings reports are keep coming in without any big surprises and investors are just waiting for FOMC meeting result.

Asian stock markets are mostly rallying again this week, topping 9 months high. What’s going on? Anything getting better in Asian countries? Huge rumor that vast amount of Chinese money is inflowing into Asian markets, buying blue chips. No one would confirms this rumor but keep circling around in the markets. Only India’s stock market has…

--

--

Chun09

Trying every day, engraving what we’ve been through