“May 5 to 9: The market is in intense turmoil, and you absolutely cannot miss these three major events!”
The next few days will be full of volatility, and here are three key events you must pay attention to, especially the first one!
Federal Reserve Meeting
On May 7, the Federal Reserve will announce the results of the meeting. A rate cut is almost a foregone conclusion, but the most anticipated aspect is Powell's speech. He will reveal how the Federal Reserve views the economic outlook and the direction of future policies.
Earnings Season Impact
This week, 18 companies will release their earnings reports. On Monday, we will see PALANTIR, Ford, and Hims & Hers. On Tuesday, AMD, SUPERMICRO, DATA DOG, and LUCID MOTORS will follow. Wednesday is the most critical day, with NOVO NORDISK, DISNEY, UBER, and ARM taking the stage. On Thursday, major companies like SHOPIFY, CLOUD FAIRE, and WARNER BROS will report.
Tariff Issues
This week will unveil a new chapter in the US-China tariff negotiations. With the new tariff policy coming into effect, goods departing after April 9 will face a 145% tariff. The last batch of duty-free goods is expected to arrive this week.