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⚡️Next Week’s Macro Outlook: The Federal Reserve will announce its interest rate decision on Thursday, followed by a press conference by Warsh

BlockBeats reported that October 25, the just-concluded 1-week market focus shifted twice. Early in the week, U.S. chip and AI concept stocks rebounded sharply after a sell-off, with capital beginning to rotate into healthcare and financial sectors; after Meta announced a massive capital expenditure plan on Wednesday, market concerns about AI valuations and returns were reignited; on Thursday, the sell-off spread across the entire technology sector, with safe-haven capital flowing into U.S. Treasuries and the Japanese yen. On the same 1 day, Houthi forces attacked Saudi energy facilities, pushing Brent crude oil to a 5-month high. Below are the key points the market will focus on in the new 1 week (all times are Beijing time):

Thursday 02: 00, the Federal Reserve FOMC will announce its interest rate decision;

Thursday 02: 30, Federal Reserve Chair Warsh will hold a monetary policy press conference;

Thursday 20: 30, the preliminary U.S. third-quarter real GDP annualized quarter-on-quarter rate, U.S.September core PCE price index year-on-year rate, U.S.September PCE price index year-on-year rate, U.S. initial jobless claims for the week ending October 24, and U.S.September personal spending month-on-month rate;

Thursday 21: 15, the European Central Bank will announce its interest rate decision;

Thursday 21: 45, European Central Bank President Lagarde will hold a press conference;

Friday, the Bank of Japan will announce its interest rate decision;

Friday 14: 30, Bank of Japan Governor Kazuo Ueda will hold a press conference.

U.S. stocks will see the busiest 1 week of this earnings season next week, with approximately one-third of S&P 500 constituent stocks set to report results. After the U.S. market closes next Wednesday, Microsoft and Alphabet will be the first to release earnings, followed by Amazon after the close on Thursday.

Original link https://m.theblockbeats.info/flash/373571