A particularly turbulent week in the markets – everything awaiting us between October 27 and 31:
Regarding earnings, over 2400 companies will report this week, including 5 of the Magnificent Seven!
But that's not all..
October 27 (Monday): ➖ NVIDIA's GTC conference, one of the most influential events this year in the field of artificial intelligence.
Jensen Huang is expected to unveil strategic announcements related to AI, new chips, and significant partnerships.
October 28 (Tuesday):
➖ FOMC meeting (the Fed)
What's on the agenda?
Interest rate decision, hints at monetary policy and the next direction of the US economy – a very central point of tension.
➖ And the highlight – a keynote speech by NVIDIA CEO Jensen Huang at the GTC conference.
We may see sharp movement in $NVDA stock depending on the tone and content of his remarks.
October 29 (Wednesday): The Federal Reserve's interest rate decision - will it lower rates or keep them as they are, and if it lowers them, by how much?
Markets will follow closely.
In addition, three of the Magnificent Seven are reporting - Meta, Microsoft, and Google, a combination that could easily move the indices.
October 30 (Thursday): A summit meeting between the US and China, on the agenda - a fair trade agreement, tension is high, and investors will follow very closely.
Announcements and information coming out of these meetings could sharply move the market.
Additionally, on Wednesday, interest rate decisions from the Bank of Japan and the ECB, and the release of US Q3 GDP.
Reports after hours on Wednesday: Apple, Amazon, and many more.
This is a week that brings together giants - technology leaders, banks, artificial intelligence, interest rates, and policy summits – definitely one of the most exciting weeks of the year - a must-follow.