020 7898 0500With reports that several members of the Fed are more optimistic about the US economy than they have been, there appears to be a very real possibility of four interest rate rises on the cards for 2018. While this could help boost the dollar, it could lead to some concerns on the stock markets as the era of cheap money could be coming to an end.
Today kicks off with new home sale figures for January and tomorrow we will see the durable goods orders for January. They grew by 2.9% in December but are expected to actually weaken by 2.5%. Having said this, the US enjoyed a healthy week last week, with several releases coming in above expectations so perhaps this recent trend can continue.
