🚨 NEXT WEEK COULD SHAPE THE MARKET’S PSYCHOLOGY IN OCTOBER
5 consecutive days. 5 key U.S. economic data releases tied to major cases.
And each release could completely change the market’s expectations for the Fed’s interest-rate policy.
• Monday: ISM Services PMI, expected around 55.7, while inflation in the services sector remains high.
• Tuesday: ADP Employment Report — another important test to see whether the U.S. labor market is truly starting to weaken.
• Wednesday: FOMC meeting minutes. The market will look for any signal on how hawkish the Fed might remain in the near term.
• Thursday: Initial jobless claims, providing a more direct view of whether layoffs are starting to accelerate.
• Friday: Michigan inflation expectations, after 1-year inflation expectations rose to 4.6%.
🔥 The current backdrop is extremely sensitive:
Hot inflation data could continue to revive concerns that the Fed will keep interest rates high.
Meanwhile, weak employment data makes the market worry that the U.S. economy may be starting to weaken.
=> Hot inflation = upward pressure on interest rates.
=> Weak employment = recession concerns.
So next week could be a very volatile week and may well shape the market’s direction in October.
5 consecutive days. 5 key U.S. economic data releases tied to major cases.
And each release could completely change the market’s expectations for the Fed’s interest-rate policy.
• Monday: ISM Services PMI, expected around 55.7, while inflation in the services sector remains high.
• Tuesday: ADP Employment Report — another important test to see whether the U.S. labor market is truly starting to weaken.
• Wednesday: FOMC meeting minutes. The market will look for any signal on how hawkish the Fed might remain in the near term.
• Thursday: Initial jobless claims, providing a more direct view of whether layoffs are starting to accelerate.
• Friday: Michigan inflation expectations, after 1-year inflation expectations rose to 4.6%.
🔥 The current backdrop is extremely sensitive:
Hot inflation data could continue to revive concerns that the Fed will keep interest rates high.
Meanwhile, weak employment data makes the market worry that the U.S. economy may be starting to weaken.
=> Hot inflation = upward pressure on interest rates.
=> Weak employment = recession concerns.
So next week could be a very volatile week and may well shape the market’s direction in October.
