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The week ahead will test the stock market's strong rally with a crucial inflation report on Tuesday, as investors watch to see how soaring energy prices from the Iran war are impacting consumer costs. Geopolitics will also be in focus with the president's high-stakes meeting in Beijing with Chinese President Xi, while in Washington, a major crypto regulation bill faces a key vote and Kevin Warsh is expected to take over as the new Federal Reserve chair. Finally, the week will also feature the IPO of AI chipmaker Cerebras, closing arguments in Elon Musk's lawsuit against OpenAI, and the release of retail sales data that will signal the health of the U.S. consumer.
A news podcast encapsulating the most salient market news, brought to you by Finextra Pro and powered by Communify.
Open Finextra Pro now!
By Finextra ProThe week ahead will test the stock market's strong rally with a crucial inflation report on Tuesday, as investors watch to see how soaring energy prices from the Iran war are impacting consumer costs. Geopolitics will also be in focus with the president's high-stakes meeting in Beijing with Chinese President Xi, while in Washington, a major crypto regulation bill faces a key vote and Kevin Warsh is expected to take over as the new Federal Reserve chair. Finally, the week will also feature the IPO of AI chipmaker Cerebras, closing arguments in Elon Musk's lawsuit against OpenAI, and the release of retail sales data that will signal the health of the U.S. consumer.
A news podcast encapsulating the most salient market news, brought to you by Finextra Pro and powered by Communify.
Open Finextra Pro now!