Fed Funds, PMI and Other Can’t Miss Items This Week

From Nasdaq:

Last week saw volatile trading as CPI and PPI data came in higher than expected. Market reacted with initial selling and subsequent rallies. Tesla (TSLA) had a tough week, ending down over 6%. Bitcoin hit new all-time highs, boosting market strength. This week, eyes are on the Fed Funds Rate announcement on Wednesday.

Upcoming earnings to watch are from Micron Technologies (MU) on Wednesday and Nike (NKE) and FedEx (FDX) on Thursday. Fed Funds rate announcement on Wednesday will impact market sentiment. PMI data on Thursday may indicate market expansion or contraction. Housing data throughout the week will give insight into real estate sector.

Global tensions affecting market include Russia’s nuclear threats and attacks in the Red Sea. Logistics delays impacting production and goods delivery. Markets may be influenced by international conflicts. Watch for potential market-moving events. Good luck this week and check out daily options article for more insights.



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