There are two important events next week that need to be paid special attention to.
First, the results of the US election will be announced on November 5. Looking back, when Trump was unexpectedly elected president, the futures market was like a turbulent ocean, setting off a storm from skyrocketing to plummeting. The bulls and bears launched a fierce battle, and the battle was so intense that it was like a war without gunpowder, and large-scale position liquidations followed. That scene was like a major earthquake in the financial world, which shook the hearts of countless investors.
Second, the Federal Reserve will hold an interest rate meeting from November 6 to 7. If the meeting announces a rate cut, the stock market may be like a shot of adrenaline, and is expected to usher in another round of vigorous rise. It will be a prosperous scene, and investors may be filled with joy and expectations. However, if the Federal Reserve decides to keep the current interest rate unchanged, the stock market may continue to move slowly along the current trajectory without any waves. According to the recently released non-farm payrolls data, the market generally predicts that the possibility of this rate cut is 25 basis points. But this is just a speculation, and how the future will develop is still full of uncertainty.
When we consider the two key factors of the election results and the interest rate meeting, the financial market may usher in an unprecedented large fluctuation. This fluctuation may be like the ocean in a storm, full of unknowns and challenges. Investors need to be vigilant at all times and pay close attention to every subtle change in the market in order to make wise decisions in this financial storm. Whether it is the uncertainty of the election results or the impact of the decision-making of the interest rate meeting, it will have a profound impact on the financial market. Where will the future financial market go? Let us wait and see.
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