Hello, it's OXINION.
On Monday,
The Net Neutrality Repeal Is Official from Monday which means telecom companies will have more power and control over tech stocks, especially FANG stocks. we are expecting that telecom stocks like AT&T and Verizon will be strong.
On Tuesday,
Trump and Kim will have a meeting in Singapore on Tuesday and the court will give the decision of acquisition between AT&T and Time Warner.
On Wednesday,
FED will start a meeting and We expect this rate hike to continue as the economy continues to grow moderately and employment conditions continue to be robust.
On Thursday,
Global stock markets are likely to focus on ECB monetary policy. Since ECB personnel recently commented on QE reduction
So we will have to keep eyeing on. "Will ECB's Draghi call time on its QE market prop?".
On Friday,
The trade tariffs against China will be revealed that the list of targeted goods will be made public on June 15. Mr. President would hit US$50 billion on Chinese import so it could affect to stock market negatively.
Hey, thank you for watching OXINION