In the early hours of Tuesday morning we saw the Asian markets rise, after it was decided from the United States to postpone the taxes towards China with another 90 days. Now investors are moving their attention to the US, where inflation figures can sometimes set the tone for the interest rate policy of the US central bank.
It also promises to be an important day for the AEX for that reason.
Unrest in the United Kingdom
Furthermore, there is currently unrest in the United Kingdom, after the Bank of England reduced interest rates last week. However, that interest rate was not unanimous. There was considerable division within the Bank of England.
This week, investors will again get a better picture of the ECA economy. Today it is time for this growth of wages, which are expected to arrive at 5 percent.
Dates from Monday showed that the intentions of British companies to take people to the weakest level since the COVID-19 Pandemie dropped. Recruiters indicated that wages grew at the slowest pace in four years.
Four of the nine policy makers were against the idea last week to lower interest rates in the United Kingdom. However, they could not stop the interest rate reduction.
Key AEX lies with America
For the time being, the key is for the AEX course at the United States. From there we get a lot of important inflation figures this week. Starting today with the consumer price index (CPI).
The expectation is that the inflation figures will rise again, and that the space for the US central bank to reduce interest rates will decrease. That would not be the best result for the AEX, but what is currently in line with expectations.
That will probably not be a disaster for the course, because that is exactly what investors are now positioned.
Source: https://newsbit.nl/aex-vandaag-opnieuw-uitstel-voor-heffingen-vs-en-china-nu-focus-op-inflatie/
