What Will Happen in the Markets This Week?
Macro Sunday
This week brings both Türkiye’s inflation report and the U.S. election, with employment data due over the weekend. Three critical days for gold, silver, stocks, and Bitcoin.
On my watchlist, the key day for stocks is Tuesday morning, while Friday is the one to watch for gold, silver, and Bitcoin.
Tuesday evening, meanwhile, there are midterm elections in the U.S. Here’s how to think about it: the market has already priced in much of the outcome. Prediction markets put the odds of Democrats taking the House of Representatives at 91–93%. So, if that’s what happens, it won’t be a major shock.
But if Republicans pull off a surprise, U.S. borrowing costs and the dollar could rise.
#GOLD #fedrate #stockmarket #tcmb
https://t.co/3cxwmR1vdL
Macro Sunday
This week brings both Türkiye’s inflation report and the U.S. election, with employment data due over the weekend. Three critical days for gold, silver, stocks, and Bitcoin.
On my watchlist, the key day for stocks is Tuesday morning, while Friday is the one to watch for gold, silver, and Bitcoin.
Tuesday evening, meanwhile, there are midterm elections in the U.S. Here’s how to think about it: the market has already priced in much of the outcome. Prediction markets put the odds of Democrats taking the House of Representatives at 91–93%. So, if that’s what happens, it won’t be a major shock.
But if Republicans pull off a surprise, U.S. borrowing costs and the dollar could rise.
#GOLD #fedrate #stockmarket #tcmb
https://t.co/3cxwmR1vdL