Monday Morning Must-Knows - September 23, 2024
Last week was huge for traders, with the Fed cutting rates by 50basis points, surprising many who expected just 25. The market soared, hittingall-time highs for the S&P, while the Nasdaq and Russell alsorallied.
This week, there are 79 companies reporting earnings, with highlights likeAutoZone, Cintas, and Costco.
Key data from global manufacturing and services, particularly from the EU, UK,and the US, could impact trading, especially in the Forex market.
The Australian and Swiss central banks are also making rate decisions, whichmay spark further rate cuts.
Lastly, the US GDP and inflation data are key—especially the core PCE index,which could signal future Fed rate adjustments.
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