Company / Analytics

Analytics, 21 September 2020

What will drive the markets this week?

Stocks finished lower last week with major US indices notching third straight weekly losses, dragged by shares of tech companies while investors searched for new catalysts to give direction to global markets even as they digested outcomes of central bank meetings in the US and UK.

This week, the market will see several earnings reports including from Nike, Autozone, General Mills, Oracle-Walmart continue their bid for TikTok, and the U.S. home sales for August report will be released. The People’s Bank of China will announce its benchmark interest rate (20 Sept.).

Monday market opening has already seen an early dive by major indices, following revelations of a possible $2 trillion banking scandal.

Monday, 21 September.

Tuesday, 22 September.

Wednesday, 23 September.

Thursday, 24 September.

Friday, 25 September.

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