🚨 NEXT WEEK WILL DECIDE WHETHER OCTOBER TURNS INTO UPTOBER OR REKTOBER.
Monday: U.S. markets reopen after sanctions on Russian diesel were lifted. Lower fuel prices would help, but any new attacks on energy facilities could hurt the markets.
Tuesday: Jobs and housing data. Weak numbers bring recession fears back. Strong numbers keep rate hike fears alive.
Wednesday: CPI and Core CPI. Inflation is expected to be around 3.6% headline and 2.5% core. A hotter print can hit stocks and crypto hard. A cooler print will push the Fed to pause.
Thursday: PPI and Core PPI. Another inflation number that would be very crucial for the Fed's decision.
Friday: Kevin Warsh speaks. Any hawkish comment like Jackson Hole could put downward pressure on markets.
So far, the market is hoping for a rate pause, but this week could entirely change the direction.
#FederalReserve #interestrates #usa #crypto #stockmarket #finance #bitcoin #ethereum
Monday: U.S. markets reopen after sanctions on Russian diesel were lifted. Lower fuel prices would help, but any new attacks on energy facilities could hurt the markets.
Tuesday: Jobs and housing data. Weak numbers bring recession fears back. Strong numbers keep rate hike fears alive.
Wednesday: CPI and Core CPI. Inflation is expected to be around 3.6% headline and 2.5% core. A hotter print can hit stocks and crypto hard. A cooler print will push the Fed to pause.
Thursday: PPI and Core PPI. Another inflation number that would be very crucial for the Fed's decision.
Friday: Kevin Warsh speaks. Any hawkish comment like Jackson Hole could put downward pressure on markets.
So far, the market is hoping for a rate pause, but this week could entirely change the direction.
#FederalReserve #interestrates #usa #crypto #stockmarket #finance #bitcoin #ethereum