📊 WEEKLY MARKET REPORT: A Big Week Ahead!

Wednesday:

CPI Inflation data is expected, and it could shake up the markets.

Thursday:

PPI Inflation, Jobless Claims, and earnings reports from Adobe ($ADBE) and Kroger ($KR).

The ECB Monetary Policy Statement will also be released.

Friday:

Consumer Sentiment data will give us insight into the public's mood.

US equity futures are fluctuating as the markets prepare for key inflation data and interest rate decisions. The S&P 500 rose 1.2% on Monday, recovering from its rough start to the month. Benchmark Treasury yields are up for the second day, while the dollar is holding steady.

Investors are cautiously watching the balance between US recession fears and hopes for a soft landing, as the Fed may be falling behind the curve. Meanwhile, political risk is on the rise with former President Donald Trump and Vice President Kamala Harris facing off in a debate on Tuesday.

Hedge funds are getting ready for upcoming volatility, liquidating positions ahead of the November 5 election, according to Goldman Sachs.

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