This week is packed with significant events that could impact the market. Here are the key ones to watch:
- *Wednesday*:
- Fed Policy Decision: The Federal Reserve is expected to hold interest rates steady at 3.50%-3.75%.
- Powell Press Conference: Focus will be on Jerome Powell's comments on inflation persistence and financial conditions.$ENSO
- Earnings: Microsoft ($MSFT), Tesla ($TSLA), and Meta ($META) will report their quarterly results, providing insights into AI investments and demand elasticity.
- *Thursday*:
- Initial Jobless Claims: Will provide updates on the US labor market.$ZKC
- Apple ($AAPL) Earnings: Will highlight recent collaborations and AI developments.
- *Friday*:
- U.S. PPI Inflation: Will influence inflation expectations.
- U.S. Government Shutdown Deadline: Could introduce event-driven volatility.
Given the intersection of macro, policy, and mega-cap earnings, expect increased market volatility. The Fed's decision and Powell's press conference will be closely watched for language on inflation and financial conditions $AUCTION
