By Laura Sanchez
Investing.com – Markets are pricing in the words of Fed Chairman Jerome Powell.
The European Union Leaders Summit continues today.
ECB President Luis de Guindos to speak.
Brent crude oil is back above $110.
Cryptocurrencies move higher this morning.
These are the five factors investors should consider when making their decisions today:
1. Markets try to rebound from Powell
After two days of statements by Jerome Powell, chairman of the US Federal Reserve (Fed), talking about the economic situation that may be created by high inflation, the markets are trying to overcome three consecutive weeks of declines.
2. EU Leaders Summit; De Guindos speaks
The European Union continues to hold the summit of its leaders where, in addition to discussing Ukraine’s possible entry into the EU, the main topic is the economic situation, high inflation, the upcoming European Central Bank (ECB) interest rate hike, and some experts’ forecasts of a probable recession.
Also speaking today is Luis de Guindos, Vice-President of the ECB, at 09:30 AM ET (1330 GMT).
3. Crypto on the rise
4. Asia and the U.S. stock market
5. Macroeconomic data
Follow the day’s events on our economic calendar: https://uk.investing.com/economic-calendar/
EU Leaders Summit; De Guindos Speaks: 5 Key Points for this Friday