NEXT WEEK COULD SHAPE THE DIRECTION OF OCTOBER.
Five days. Five major US economic events. And each one could shift expectations for the Fed.
📅 Monday: ISM Services PMI, expected at 55.7, with services inflation remaining a concern.
📅 Tuesday: ADP employment data will offer another look at whether the US labor market is starting to weaken.
📅 Wednesday: FOMC meeting minutes. Markets will be watching closely for clues about the Fed’s next move.
📅 Thursday: Jobless claims will provide another signal of whether layoffs are increasing.
📅 Friday: Michigan inflation expectations, following a jump in 1-year expectations to 4.6%.
The market faces a difficult balance: Hot inflation could bring rate hike fears back, while weak employment data could raise concerns about a slowing economy.
Expect volatility as traders react to each release.$BTC . $SAND . $SMCIB
Five days. Five major US economic events. And each one could shift expectations for the Fed.
📅 Monday: ISM Services PMI, expected at 55.7, with services inflation remaining a concern.
📅 Tuesday: ADP employment data will offer another look at whether the US labor market is starting to weaken.
📅 Wednesday: FOMC meeting minutes. Markets will be watching closely for clues about the Fed’s next move.
📅 Thursday: Jobless claims will provide another signal of whether layoffs are increasing.
📅 Friday: Michigan inflation expectations, following a jump in 1-year expectations to 4.6%.
The market faces a difficult balance: Hot inflation could bring rate hike fears back, while weak employment data could raise concerns about a slowing economy.
Expect volatility as traders react to each release.$BTC . $SAND . $SMCIB
