The Global Week Ahead: Turmoil in the Tranquil Metals Market

Market Uncertainties and Upcoming Economic Events

While some of the major uncertainties affecting financial markets are beginning to see progress, challenges remain and new threats could be emerging. This week’s attention will turn to the next developments on these fronts, as a series of significant macroeconomic releases—most notably the nonfarm payrolls report—are set to be published. In addition, several major central banks around the world are scheduled to announce policy decisions, and ongoing corporate earnings reports continue to add to the risk landscape.

On a positive note, after much anticipation, a nominee has finally been put forward to lead the Federal Open Market Committee. Kevin Warsh is expected to secure Senate approval, although political tensions persist, particularly regarding President Trump’s investigation into Chair Powell’s involvement in recent Federal Reserve changes.