Check the macro calendar for this week (Beijing time). Save these items early on Monday:
Today 17:00: Eurozone Aug PPI; 22:00: US Sep ISM Non-Manufacturing PMI.
Tuesday 22:45: Fed Governor Bowman’s speech.
Wednesday: US 20–30Y Treasury repo operation; size to be determined.
Thursday 02:00: Release of the minutes from the Sep FOMC meeting—everyone mainly wants to see how large the internal disagreements about rate hikes were.
Thursday 20:30: also initial jobless claims for the week.
The US stock market’s Q3 earnings season hasn’t officially started yet. Bank stocks typically don’t lead until mid-October. This week is a rare earnings lull, so the narrative is largely left to the data and long-end US Treasury yields. Last week’s nonfarm payrolls were on the weak side, and long-end yields were pushed higher again. In crypto, that Thursday-early-morning set of FOMC minutes will likely be the easiest time point to spark volatility.
$BTC $ETH #美联储 #宏观 #FOMC minutes
Today 17:00: Eurozone Aug PPI; 22:00: US Sep ISM Non-Manufacturing PMI.
Tuesday 22:45: Fed Governor Bowman’s speech.
Wednesday: US 20–30Y Treasury repo operation; size to be determined.
Thursday 02:00: Release of the minutes from the Sep FOMC meeting—everyone mainly wants to see how large the internal disagreements about rate hikes were.
Thursday 20:30: also initial jobless claims for the week.
The US stock market’s Q3 earnings season hasn’t officially started yet. Bank stocks typically don’t lead until mid-October. This week is a rare earnings lull, so the narrative is largely left to the data and long-end US Treasury yields. Last week’s nonfarm payrolls were on the weak side, and long-end yields were pushed higher again. In crypto, that Thursday-early-morning set of FOMC minutes will likely be the easiest time point to spark volatility.
$BTC $ETH #美联储 #宏观 #FOMC minutes
