NEXT WEEK COULD BE VERY DANGEROUS FOR GLOBAL MARKETS.
Several major events could trigger significant market volatility next week.
MONDAY: U.S. markets reopen after Trump warned of another attack on Iran. Brent crude is nearing $117.
TUESDAY: U.S. jobs, housing, and consumer confidence data.
WEDNESDAY: FOMC decision and Kevin Warsh’s press conference. Rates are expected to remain unchanged, but the Fed could hint at future rate hikes.
THURSDAY: U.S. PCE inflation and GDP data. Inflation is estimated at 3.6%, up from 3.4%, and with oil prices rising, another price shock could be on the way.
FRIDAY: Japan unemployment data and U.S. wage inflation.
All of this is happening just days before the U.S. midterm elections.
Oil prices are surging, inflation fears are mounting, and concerns over AI spending are growing.
If inflation heats up and the Fed signals more rate hikes, stocks, metals, and cryptocurrencies could face a major sell-off.
Several major events could trigger significant market volatility next week.
MONDAY: U.S. markets reopen after Trump warned of another attack on Iran. Brent crude is nearing $117.
TUESDAY: U.S. jobs, housing, and consumer confidence data.
WEDNESDAY: FOMC decision and Kevin Warsh’s press conference. Rates are expected to remain unchanged, but the Fed could hint at future rate hikes.
THURSDAY: U.S. PCE inflation and GDP data. Inflation is estimated at 3.6%, up from 3.4%, and with oil prices rising, another price shock could be on the way.
FRIDAY: Japan unemployment data and U.S. wage inflation.
All of this is happening just days before the U.S. midterm elections.
Oil prices are surging, inflation fears are mounting, and concerns over AI spending are growing.
If inflation heats up and the Fed signals more rate hikes, stocks, metals, and cryptocurrencies could face a major sell-off.