All eyes will be on escalating trade rhetoric in the week ahead as investors try to work out whether a series of tit-for-tat responses between the U.S. and China will end in negotiations or an all-out trade war between the world’s two largest economies.
The coming week also marks the start of the first-quarter earnings season on Wall Street, which analysts have been hoping would take market focus away from trade and put it on strong corporate profits.
Meanwhile, on the central bank front, market players will focus on minutes of the Federal Reserve’s latest policy meeting, which may provide further hints on the pace of future rate hikes this year.
Source: Bloomberg Pro Terminal
Trader Georgi Bozhidarov