๐จ BIG WEEK AHEAD FOR MARKETS
A lot could change this week, with key economic data coming in.
๐ Monday โ U.S. markets reopen as IranโStrait of Hormuz tensions remain in focus
๐ Tuesday โ U.S. home sales + $5.1B in Fed liquidity
๐ Wednesday โ U.S. CPI + Core CPI
๐ Thursday โ U.S. PPI + Core PPI + Japan PPI
๐ Friday โ Michigan consumer sentiment + Japan 3-month bill auction
The main focus is inflation.
๐ฅ Hot CPI โ September rate hike expectations could rise.
โ๏ธ Cool CPI โ rate hike bets could fade.
Three Fed officials backed a rate hike at the last meeting, the first time three officials dissented in the same direction since 2016.
Then the weak jobs report changed the outlook.
Now, this weekโs inflation data could decide what comes next.
Markets are watching closely.
A lot could change this week, with key economic data coming in.
๐ Monday โ U.S. markets reopen as IranโStrait of Hormuz tensions remain in focus
๐ Tuesday โ U.S. home sales + $5.1B in Fed liquidity
๐ Wednesday โ U.S. CPI + Core CPI
๐ Thursday โ U.S. PPI + Core PPI + Japan PPI
๐ Friday โ Michigan consumer sentiment + Japan 3-month bill auction
The main focus is inflation.
๐ฅ Hot CPI โ September rate hike expectations could rise.
โ๏ธ Cool CPI โ rate hike bets could fade.
Three Fed officials backed a rate hike at the last meeting, the first time three officials dissented in the same direction since 2016.
Then the weak jobs report changed the outlook.
Now, this weekโs inflation data could decide what comes next.
Markets are watching closely.
