PANews reported on November 9 that this week, the "Trump deal" detonated global markets, with the US dollar and US stocks rising sharply. Although the 47th President of the United States will officially take office on January 20, 2025, the market has begun to anticipate the impact of some of Trump's policies (which are likely to be implemented). However, the market still expects that the Federal Reserve's December rate cut is a foregone conclusion, and the meeting in January next year may be interesting for the Federal Reserve, when Trump will take office. The biggest winner this week is undoubtedly Bitcoin, which set two new highs, first at $75,000 and then at $77,000 on Friday. New President Trump is an advocate of the cryptocurrency industry, and this rise is largely due to his return to the White House. Next week's market focus includes speeches by Federal Reserve officials, the US CPI, PPI, and "terror data". The following are the key points that the market will focus on in the new week:
At 23:00 on Tuesday, Fed Governor Waller will speak at the banking conference
At 23:15 on Tuesday, Barkin, 2024 FOMC voting member and Richmond Fed President, delivered a speech
At 03:00 on Wednesday, Minneapolis Fed President Kashkari will attend Yahoo's financial investment conference titled "New Challenges, New Opportunities"
Philadelphia Fed President Harker speaks on fintech and artificial intelligence at 06:00 on Wednesday
At 06:30 on Wednesday, Barkin, the 2024 FOMC voting member and chairman of the Richmond Fed, delivered a speech
At 22:35 on Wednesday, Dallas Fed President Logan gave an opening speech at a conference on energy and the economy.
At 01:30 on Thursday, 2025 FOMC voting member and St. Louis Fed President Moussalem delivered a speech
At 02:30 on Thursday, Schmid, 2025 FOMC voting member and Kansas Fed President, will deliver a speech
At 20:00 on Thursday, Federal Reserve Board member Kugler will deliver a speech
At 21:30 on Thursday, the number of initial jobless claims in the United States for the week ending November 9 and the U.S. PPI data for October
At 22:00 on Thursday, Barkin, 2024 FOMC voting member and Richmond Fed President, will deliver a speech
At 04:00 on Friday, Federal Reserve Chairman Powell was invited to participate in a dialogue entitled "Global Perspective"
At 05:15 on Friday, FOMC permanent voting member and New York Fed President Williams delivered a speech
At 22:15 on Friday, the U.S. industrial output monthly rate in October
At 23:00 on Friday, the monthly rate of US commercial inventory in September
