This week, U.S. and global markets are focused on several significant events, starting with Microsoft’s quarterly update and the Federal Reserve’s policy meeting.
Investors will closely watch whether Microsoft’s Azure cloud business growth justifies its substantial AI investments, while the Fed’s upcoming decision could signal a potential interest rate cut.
Markets are also bracing for central bank decisions from the U.S., Japan, and key earnings reports from major tech companies like Meta, Apple, and Amazon.
U.S. stock futures showed slight gains, and Treasury yields and the dollar edged up as caution prevails ahead of these crucial events.
As disinflation continues and the labor market shows signs of cooling, the July U.S. jobs report, due on Friday, will provide additional insights into economic trends.
For now, the markets are staying calm, supported by expectations of Fed easing, lower government borrowing forecasts, and falling oil prices.
Reuters