WHAT TO LOOK OUT FOR THIS WEEK 📆 Macro, stocks, government, events…

Their shifts all affect the broader global market. And when the global market moves, crypto follows along with it.

So here’s what’s coming down the pike this week:

1/ Macro 🌎

The macro schedule goes a little something like this…

September Existing Home Sales data – Thursday – How’s the existing housing market faring right now?

September CPI Inflation data – Friday – Is inflation still rearing its ugly head?

October Services PMI data – Friday – Are purchasing managers in the service industry ramping up their spending? If so, this could signal future economic growth

October MI Consumer Sentiment data – Friday – A vibe check with consumers

With the US government still shut down, a lot of economic data releases have been put on pause.

One piece of data that will manage to get through is September’s CPI (which measures inflation) — it was originally due out on October 15th, but was pushed to this Friday.

The good news here is: the Federal Reserve will have the CPI data ahead of the FOMC Meeting next week, where they will decide on a potential rate cut.

More data = more ways to make an educated decision.

2/ Earnings 💰

~10% of S&P 500 companies report their earnings this week, including Galaxy Digital, who are making their public earnings debut