Market Report Jul 25 2023

The US market exhibited some strength but with minimal gains. Amid the current environment of uncertainty, market participants appear to lack a strong consensus on market direction, leading to a balance in stock market activity.

This is a start of a pivotal week ahead, marked by a series of influential events. This includes imminent earnings GOOGL, MSFT and META.

Moreover, key policy reviews by the Fed, ECB, and BoJ - are focussing our attention.

The Fed and ECB are expected to implement a rate hike of 25 basis points during this week's meetings. No doubt, what is said will be strongly scrutinised for any sign of further rate hikes on the horizon.
A small rise in VIX indicates the current market undertone as we approach the policy reviews.

Javid Shaik

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