In this week’s look ahead, trader and educator, Chris Tubby from Symax Fintech gives his views on the fallout of First Republic Bank. He tells us why this has happened, why they are unlikely to be bailed out and what that means for the banking sector and the wider financial markets.
He also gives his thoughts on the Federal Reserve rate decision later in the week and how it may be influenced by the First Republic Bank situation. We also talk about Non Farm Payrolls which are due out on Friday and how there may be signs that the US economy is under pressure.
If you would like to hear more from Chris, he is running free introductory trading courses. You can sign up here for the next course.
