Daily market review – June 12th 2017

365blog

This week in the markets: the central banks will set the tone.
The central banks in the US, UK and Japan will announce their interest rate decision this week.

On Tuesday, a two-day meeting of senior US Federal Reserve officials will begin, and they will announce whether they have decided to raise interest rates for the second time this year.
The analysts expect the bank to announce an interest rate hike even though some think it is too early because of slow inflation.

On Thursday, the Bank of England will announce its interest rate decision.
The estimates are that there will not be too many surprises, and the bank will not change the interest rate.

In Japan, the central bank will announce its monetary policy on Friday.
It does not appear likely to withdraw from expansionary monetary policy this year. Analysts estimate that there will be no significant movement in Japan in the coming months.

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