Outlook on Financial Markets: Central Banks’ Week

Munich Subject change pending on the stock exchanges in the new trading week. Over the past few days, concerns about the spread of the Omicron version and reports about a possible payment default by Chinese real estate developer Evergrande caused some violent exchange rate volatility, but central bankers are now dominating events.

Experts such as Commerzbank’s chief economist Stephen Cramer refer to the last full trading week of this year, which begins on Monday, as “central banks week”. Then it will show how differently central banks are trying to get hold of the massively inflated inflation data. On Friday it was announced that consumer prices in the US increased by 6.8 percent in November.