Top 4 events to look at today, for traders

The following are the top events that we need to take into consideration today.

1. China’s growth expectation low 

China’s economic activity is struggling due to protests against the lockdown to combat the new outbreak of Covid-19.

There is a chance that the forecast for China’s economic growth has to be cut by The International Monetary Fund following the actual economic scenario.

2. Fed’s decision

Based on the latest speech of the Federal Reserve Bank of St. Louis President James Bullard the interest-rate hikes should be continued until we reach a level of economic restriction. Only then, there will be a possibility to return to a normal monetary policy in 2023, he said.

3. Investors are cautious

Yesterday, the S&P 500 was down -0.16% and the Nasdaq dropped -0.73%. Only the Dow Jones closed with a slight profit of +0.01%.

Investors are cautious and are looking forward to hearing from Fed’s president regarding the US monetary policy today.

4. Jerome Powell’s speech

All investors’ attention is on what Jerome Powell is going to say about the Fed’s policies to reduce inflation and their effectiveness.

He is planning to comment today at 6:30 PM GMT.

Markets can be impacted and could become more volatile.


I hope you find this information helpful, please let me know your opinion.


Federica Montella

eToro Popular Investor


Follow me on social media






eToro Disclaimer

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Crypto Investing Risk Warning

Crypto assets are highly volatile. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest.
This is a high-risk investment, and you should not expect to be protected if something goes wrong.

Read the full disclaimer

Sign up to receive my latest articles in your inbox

I agree that my data is used according to the privacy policy

Author: Federica Montella
eToro Popular Investor, food lover and blogger. Stock trader and Popular Investor at eToro. I am on a mission to find the best restaurants and food to eat.