Pay attention to the 2 major events next week!
1- The results of the U.S. election on November 5
Remember the day Trump was elected president, the futures market went from limit up to limit down, and many people faced huge losses in just one day.
2- The U.S. interest rate meeting from November 6 to November 7
If there is a rate cut, the stock market may experience another wave of increase. If there is no rate cut, the stock market will likely continue on its original trend.
Based on the U.S. non-farm data, this interest rate meeting is expected to cut by 25 basis points. However, if these two events are combined, the situation becomes complicated. The financial market may experience significant volatility.