🔥ATTENTION🔥
Will last week's MARKET RISE be repeated⁉️
👉SIMILAR catalysts could trigger a similar RISE
👀Last week's jobs report showed the labor market is MUCH stronger than expected.
▪️The US added 107,000 MORE jobs than expected and the September report was revised up by 17,000 jobs.
👀The unemployment rate also fell from 4.22% to 4.05%.
👉Given fears of a recession, this type of data that takes us away from it sends markets up.
👉Pay attention to these data that will move the market
🔹On Wednesday we have the minutes of the FOMC meeting
🔹The minutes will not give detailed information about the FOMC's position and the future of monetary policy.
🔹Thursday is the most anticipated day for investors….
🔹US CPI inflation and jobless claims are released
🔹Monthly CPI is expected to rise from 0.2% to 0.1%
🔹Jobleness claims are expected to rise from 225K to 229K
🔹If this data comes in as expected, or better yet, lower than expected, the market is very likely to rise…..
🔹Finally on Friday, we have corporate earnings from JPMorgan and Blackrock and US PPI inflation…
🔹PPI inflation is expected to rise from 0.2% to 0.1%
Will we see further increases driven by economic data ⁉️