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5 Keys this Wednesday on the Stock Market By Investing.com


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By Laura Sánchez

Investing.com – Stocks continue to react to new Omicron variant.

Crypto survives the debacle.

Today they speak again Jerome Powell, president of the Fed, and Janet Yellen, secretary of the American Treasury.

Yesterday Powell suggested that perhaps the Fed could accelerate the pace of tapering.

These are the five factors that investors should take into account today when making their decisions:

1. Can the Fed speed up tapering?

Powell says the Fed will discuss accelerating the phasing out of bond purchases at the December meeting,

Federal Reserve Chairman Jerome Powell indicated on Tuesday that the central bank could step up the elimination of its efforts to boost the economy while fighting mounting inflationary pressures.

Powell believes that slowing down monthly bond purchases may move faster than the $ 15 billion a month schedule announced earlier this month.

2. Crypto Survive Omicron

After the sharp falls last Friday, this week the cryptocurrency sector is recovering little by little and taking positions again.

3. Powell and Yellen speak again

This Tuesday, again at 4:00 p.m. Spanish time, the president of the Fed and the US Secretary of the Treasury appear again.

4. Asia and American Stock Exchange

Positive sign today in the main Asian indices. He rises 0.6%, Hong Kong scores 0.9% and he gains 0.1%.

As for Wall Street, the market ended yesterday in the red. The closings of (-1.9%), (-1.5%) and (-1.8%) stand out.

5. Macro data

Among the main macroeconomic references of the day, the, as well as a battery of manufacturing PMIs of,,,, and the.

In the United States this will also be known, as well as the and the.

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy / sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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HELEN HERNANDEZ

Helen Hernandez is our best writer. Helen writes about social news and celebrity gossip. She loves watching movies since childhood. Email: Helen@oicanadian.com Phone : +1 281-333-2229

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