🇺🇸🇺🇸 The most important events this week:
1. Federal Reserve monetary policy decision - Wednesday
2. Powell's press conference - Wednesday
3. Microsoft earnings $MSFT - Wednesday
4. Tesla earnings $TSLA - Wednesday
5. Meta earnings $META - Wednesday
6. Initial jobless claims - Thursday
7. Apple earnings $AAPL - Thursday
8. Inflation rate according to the Producer Price Index in the United States - Friday
9. Deadline for closing the U.S. government - Friday
This week is one of those weeks where macroeconomic factors, monetary policy, and earnings from major companies intersect, usually leading to increased volatility even if the index stabilizes by the end of the week.
On the monetary policy front, the Federal Reserve's decision and Powell's press conference will be analyzed with less focus on the interest rate move itself, and more focus on the statements made regarding ongoing inflation and financial conditions. Historically, when weeks of Federal Open Market Committee meetings coincide with announcements of earnings from giant corporations, the volatility of the S&P 500 index during the day rises by 25 to 30% above average, even without any change in direction.
Please follow up
