Sam Price Focuses on Key Economic Events This Week

According to Twitter user Sam Price, this week will be the most important week of the quarter. The Federal Reserve's interest rate decision will be announced on Wednesday at 2 PM (Eastern Time), and since there will be no dot plot, every word in the statement will be crucial. After Wednesday's market close, Alphabet and Microsoft will release their earnings reports. On Thursday at 8:30 AM (Eastern Time), the third quarter GDP and September PCE inflation data will be released, and Amazon will also report its earnings on Thursday. According to CNBC, about 160 S&P 500 companies will report their earnings this week. Concerns over AI spending have just led to the worst day for the Nasdaq since June, and this week will determine whether this is a decline or a turning point.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.