{"id":22987,"date":"2022-09-19T08:57:49","date_gmt":"2022-09-19T08:57:49","guid":{"rendered":"https:\/\/errante.net\/the-week-ahead-19th-23rd-september-2022\/"},"modified":"2022-09-20T13:06:46","modified_gmt":"2022-09-20T13:06:46","slug":"the-week-ahead-19th-23rd-september-2022","status":"publish","type":"post","link":"https:\/\/errante.net\/hi\/the-week-ahead-19th-23rd-september-2022\/","title":{"rendered":"The Week Ahead: 19th – 23rd September 2022"},"content":{"rendered":"\n

Overview for the Week Ahead<\/strong><\/h2>\n\n\n\n

Liz Truss\u2019s premiership will swing into action this week after a political pause to mark the Queen\u2019s death, with a packed schedule of policy and diplomacy to follow the state funeral.<\/p>\n\n\n\n

Normal activity in Parliament has been put on ice since the late monarch died, with business in both Houses halted for a period of mourning.<\/p>\n\n\n\n

All eyes will be on Westminster Abbey for the service on Monday as the Prime Minister joins hundreds of dignitaries from across the globe saying a final farewell to the Queen.<\/p>\n\n\n\n

Ms Truss is expected to fly to New York for the United Nations General Assembly following the funeral, where she has a key bilateral meeting lined up with US President Joe Biden.<\/p>\n\n\n\n

Jerome Powell takes centre stage for commodities this week, with the Federal Reserve chief set to unleash another large rate hike that could pile more pressure on energy, metals and crops.<\/p>\n\n\n\n

The Fed is widely expected to hike rates by 75 basis points at the conclusion of a two-day meeting, with traders also pricing in the possibility of a 100-basis point hike. The U.S. benchmark interest rate is expected to end the year at over 4% – its highest level since the 2008 financial crisis.<\/p>\n\n\n\n

Have your trading charts ready!<\/strong><\/p>\n\n\n\n

This Week\u2019s High Impact Events<\/strong><\/h2>\n\n\n\n

The times below are GMT +3.<\/p>\n\n\n\n

Monday 19th<\/sup> September<\/strong><\/p>\n\n\n\n