👉 19:30 Tuesday (October 17): US retail sales
Retail sales represent consumer spending power, which drives two-thirds of the US economy. Expected to increase 0.2% compared to last month. Higher-than-expected data could raise concerns about a recovery in inflation, affecting the FED's interest rate decision.
👉 A series of FED officials spoke
8 influential #FED officials will be on air this week. The focus is on Chairman Powell at 11:00 p.m. October 19.
These are the final statements before the interest rate decision announced early next month.
The good news is that recently, most officials have been dovish, hinting that the FED will stop raising interest rates from now on, seeing many signs of economic weakness, especially the soaring long-term bond yields. .
👉 4:30 a.m. Thursday, October 19: Tesla reports Q3 2023 earnings
#Tesla will launch major companies during the Q3/2023 earnings reporting season. TSLA stock is the main driver behind the 2023 stock price rally. Results from this company will have a big impact on the market.
And will Tesla hold 9,720 BTC for the 5th consecutive quarter? AE still remembers the dark night when WSJ (https://t.me/Fivemincryptoann/4621) reported that SpaceX liquidated BTC in August.
In addition, Wall Street giants such as Bank of America and Goldman Sachs will all report earnings this week.
👉 Israeli conflict – Oil price war
This will still be a hot topic as the war continues to escalate.
Oil prices could rise further, putting pressure on inflation if the United States enforces sanctions on oil exports from Iran due to any intervention by the country that spreads the war to the entire region.
