🗓️Přehled of this week's key events!
This week we have a decision to make Fed decision on interest rates, which I think will have a major impact on the market.
Monday:
NY Fed Manufacturing Activity Survey - This is an important indicator of economic activity in New York State . If the data shows growth, it could be a sign of an improving economy. Conversely, a decline may signal problems in the industrial sector. 🏭
Tuesday:
U.S. Retail Sales - Consumer demand is key to the U.S. economy, so retail sales are an important indicator of market health. 🛍️
Wednesday:
Fed Policy Decision & FOMC Dot-Plot - Interest rate decisions always have a direct impact on stock and bond markets.
The FOMC Dot-Plot will give us a preview of future interest rate expectations. These decisions will be of great interest to all of us. 📊
Powell's press conference - Fed chief, Jerome Powell, will provide further details on the decision Fed decision. His words carry a lot of weight - any mention of the future direction of interest rates or inflation can cause significant movements in the markets. 💬
Results: Before the markets open, General Mills $GIS will release its quarterly results. The profitability of this food giant may provide some interesting insight. 🍞
Thursday:
Initial Jobless Claims - The number of new jobless claims provides an update on the state of the labor market.💼
Philly Fed Manufacturing Activity Survey - As in the New York, this survey tracks manufacturing activity, this time in the state Pennsylvania. The results can provide useful information about broader trends in American industry. 🏭📊
Existing Home Sales in the U.S. - The housing market is one of the leading indicators of economic health. Increased home sales signal consumer confidence and the stability of the economy, while declining sales can be a warning sign of an economic slowdown. 🏠
Results: FedEx $FDX will report results after the markets close . As one of the world's largest logistics companies, FedEx is a sensitive indicator of global trade. Its results can give clues about the state of supply chains and demand for goods. 🚚
What events will you be watching? And how do you think the market will react to the interest rate cut?
Wednesday was the most interesting and I was surprised that the Fed cut 0.5%.
The most important thing will be Wednesday, of course. The market has probably already priced in the reduction, but it could easily rise a bit afterwards.