PANews reported on October 13 that after the CPI was released this week, many Fed officials reiterated their support for a "gradual" rate cut, and there were even voices that the rate cut in November would be skipped. Fortunately, the US PPI for September released on Friday was flat month-on-month, indicating that inflation has further cooled, alleviating the anxiety caused by the CPI on Thursday, and still supporting the Fed's rate cut next month. There is a lack of important US economic data in the first half of next week, and the market will have to wait until next Thursday to get the US September retail sales data. The market's reaction may be simple. Data that is unexpectedly higher than expected will support the US dollar, and vice versa. The macro market dynamics worth paying attention to are as follows:

Monday 23:00, US New York Fed 1-year inflation forecast for September;

At 03:00 on Tuesday, Federal Reserve Board Governor Waller will give a speech on the economic outlook;

At 23:30 on Tuesday, 2024 FOMC voting member and San Francisco Fed President Daly will speak and participate in a dialogue at an event hosted by the New York University Stern School of Business;

At 20:30 on Wednesday, the monthly rate of the US import price index in September;

At 01:05 on Wednesday, Fed Governor Kugler delivered a speech. At 23:00 on Thursday, 2025 FOMC voting member and Chicago Fed President Goolsbee delivered a welcome speech at an annual meeting;

At 20:30 on Thursday, the number of initial jobless claims in the United States for the week ending October 12, the monthly rate of retail sales in September, and the Philadelphia Fed manufacturing index in October;

At 07:30 on Friday, Japan’s September core CPI annual rate;

At 10:00 on Friday, China's third quarter GDP annual rate, China's total retail sales of consumer goods in September year-on-year, and China's industrial added value above designated size in September year-on-year;

At 22:00 on Friday, Kashkari, 2026 FOMC voting member and President of the Minneapolis Fed, will deliver a speech.