Gold Week holiday
Markets Fall Ahead of Central Bank Meetings | Daily Market Analysis
Key events: Australia – Retail Sales (MoM) (Dec) Canada – GDP (MoM) (Nov) USA – CB Consumer Confidence (Jan) New Zealand – Employment Change (QoQ) (Q4) U.S. stocks are steadily declining Monday as last week's momentum wears off ahead of this week's week of important central bank meetings. Another critical Fed meeting is looming, which could prompt some investors to position for a "higher rates for longer" regime as recession fears ease and global growth shows signs of picking up again.