Investors await the disclosure of relevant macroeconomic data on Wednesday (17th September). The perspective to interest rates, to be announced by 19:00h will be crucial to further developments.
The markets are still suffering the effects from the decline in industrial production, and are aligned with the information disclosed through the financial media from last week.
It is speculated that the economy has made the necessary recovery to justify the increase in interest rates.
I am not convinced that the stock market has ended it’s correction, believing that it will keep falling until the the disclosure of relevant key data that may justify the rise to new highs.