Monday Morning Must-Knows - October 7, 2024
One thing has remainedconstant in trading: Markets are always full of surprises. Last week, we saw aquick resolution to a strike that many thought would last months, while oilprices surged, and the broader markets stayed stable.
This week, despite only 53 companies reporting earnings, things could get moreexciting, especially with major financial firms like JP Morgan, Wells Fargo,and BlackRock set to report.
We're also watching rate announcements, particularly from New Zealand, and keyU.S. inflation data.
With CPI and PPI numbers expected to show lower inflation, optimism could drivethe market higher.
However, future inflation risks remain, especially with recent commodity pricesurges. This data will be crucial in setting the tone for the remainder of theyear.
As always, if you’re in the markets, make sure you have a trade plan. Join usfor a FREE introductory class. Learn about tools & rules for trading withconfidence-so you can stay one step ahead of market volatility. Stay Informed,Start Knowing Today!