Fed Decision and Tech Earnings Set Stage for Market Volatility

The past week was marked by a significant increase in crude oil prices, reaching triple digits due to expiring September contracts and ongoing geopolitical tensions. The Middle East situation and broad new US tariffs also contributed to market volatility.

Despite solid corporate results from Wall Street earnings season, investor sentiment remained low. Upcoming earnings reports from tech giants such as Microsoft and Apple might alter the dynamic.

This week is crucial for two key central banks: the Federal Reserve and the Bank of Japan. The Fed's policy decision on Wednesday will be closely watched, followed by the BoJ's stance on interest rates on Friday.