The FOMC meeting and its results will culminate this Wednesday. It will be the first Federal Reserve FOMC meetings with Janet Yellen fully at the helm. News from the Ukraine, Crimea, and Russia remain highlighted and with a real risk of sanctions being discussed, the fear remains a misstep by leaders that will affect the broad markets.
The Empire State Manufacturing Index, TIC Long-Term Purchases, and Industrial Production numbers will come from the States today.
Tomorrow the German ZEW Economic Sentiment reading will come from Germany.
In early trading this morning the EUR remains strong against the USD. Gold is trading near 1383.00 and is bouncing along key resistance. Traders are likely to see rather cautious to nervous market movement as this week begins. The combination of political and economic unknowns tend to equal consolidation with sudden bursts of volatility and Digital Markets Advisor expects nothing less. FX, commodities, and equities are bound to have plenty of opportunities.