Here is why we should keep an eye on macro this week!

This week will be an important one on the American stock market.

On Thursday, there will be an inflation rate update, which affects foremost the bonds' yield and further FED actions. A slight drop in inflation is expected for September to 3.6%. Core inflation is expected at the level of 4.1%. This is still more than the target, but the trend is downward.

The escalation of the war in Israel will have a strong impact on the commodity markets, especially the prices of oil and gold. They have already started their upward movement and will continue it in the near future.

Also, this week marks the start of the reporting season. The most interesting are the reports of banks that keep long-term bonds on their balance sheets. Preliminary total losses from investments in long-term bonds amount to more than $1.6t.

In general, an inflow of capital to the US, a strengthening of the dollar, and an increase in bond prices are expected.