The Week Ahead – US earnings season kicks off, ECB hold expected
Earnings season gets into full swing on Wall Street with some big-name stocks like Netflix and Goldman Sachs among those reporting updates. The European Central Bank (ECB) is meeting for the first time since it cut interest rates in June, with markets anticipating no change this time as policymakers are seen in no rush to ease further. UK inflation data will be crucial for sterling and whether markets believe the Bank of England will begin cutting rates in August.
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