The probability of an interest rate hike in October is already 67%; there’s absolutely no need. This week’s macro data and earnings reports are extremely critical.
Wednesday’s macro data will determine the core direction going forward—look at core inflation and GDP data to see if there’s any room to ease.
Thursday’s Micron earnings report being better than expected is a given; options imply volatility of ±7.6%.
Friday: Nonfarm payroll employment and the unemployment rate
Wednesday’s macro data will determine the core direction going forward—look at core inflation and GDP data to see if there’s any room to ease.
Thursday’s Micron earnings report being better than expected is a given; options imply volatility of ±7.6%.
Friday: Nonfarm payroll employment and the unemployment rate
