PANews reported on October 19 that the S&P 500 index and gold prices both hit new highs this week. The market's bets on the Fed's rate cuts remained stable compared to last week, and the Fed is still expected to have a 92.3% chance of a 25 basis point rate cut in November, up from 89.5% last week. The release of the Beige Book by the Fed next week may be the most noteworthy macro event. In addition, many Fed policymakers will also give speeches, which may increase market volatility. The following are the key macro market points worth paying attention to in the new week:
At 20:55 on Monday, 2026 FOMC voting member and Dallas Fed President Logan spoke before the 2024 Securities Industry and Financial Markets Association (SIFMA) Annual Meeting and participated in a moderated Q&A session;
At 22:00 on Monday, the U.S. Conference Board Leading Index monthly rate for September;
At 01:00 on Tuesday, Kashkari, 2026 FOMC voting member and President of the Minneapolis Fed, delivered a speech;
At 05:05 on Tuesday, 2025 FOMC voting member and Kansas Fed President Schmid will speak on the outlook for the economy and monetary policy;
At 22:00 on Tuesday, Harker, 2026 FOMC voting member and chairman of the Federal Reserve Bank of Philadelphia, spoke at the 8th Annual Fintech Conference hosted by the Federal Reserve Bank of Philadelphia;
At 21:00 on Wednesday, Federal Reserve Board Governor Bowman delivered a speech at the 8th Annual Fintech Conference hosted by the Federal Reserve Bank of Philadelphia;
Thursday 09:00, China's Swift RMB share in global payments in September
At 02:00 on Thursday, the Federal Reserve will release the Beige Book on economic conditions;
At 20:30 on Thursday, the number of initial jobless claims in the United States for the week ending October 19;
At 20:45 on Thursday, 2024 FOMC voting member and Cleveland Fed President Hammack delivered a welcome speech at an event;
At 21:45 on Thursday, the initial values ââof the US S&P global manufacturing and service PMI for October;
At 23:00 on Thursday, Goolsbee, 2025 FOMC voting member and president of the Chicago Fed, delivered a welcome speech at an annual meeting;
At 22:00 on Friday, Kashkari, 2026 FOMC voting member and President of the Minneapolis Fed, will deliver a speech.