Next Week Macro Outlook: CPI Challenges Fed Hawks, Geopolitical Firepower Counters Index Sell-off
BlockBeats News, January 10th, in the first full trading week of 2026, a cross-asset synchronous rise, Wall Street's risk sentiment is experiencing a revival. Investor eagerness for risk is evident. The S&P 500 Index rose 1.6% this week, the Russell 2000 Index rose 4.6%. The Vanguard S&P 500 ETF (VOO) attracted $10 billion in just a few days — an astonishing pace for a passive fund. These mark a good start to the year.
Tuesday 21:30, US December Non-Seasonally Adjusted CPI YoY, Seasonally Adjusted CPI MoM, Seasonally Adjusted Core CPI MoM, Non-Seasonally Adjusted Core CPI YoY;
Wednesday 21:30, US November Retail Sales MoM, US November PPI YoY/MoM, US Q3 Current Account;
Thursday 21:30, US Initial Jobless Claims for the week ending January 10, US January NY Fed/Philly Fed Manufacturing Index, US November Import Price Index MoM.
Additionally, Federal Reserve officials will speak intensively next week, and it is feared that there will be no rate cut before Powell's successor takes office, as shown in the chart. The Bank of America Global Research Strategy Department stated that Friday's data reinforced their belief that the Fed will not cut rates again until the new Fed chair takes office.
Next week, US Secretary of State Pompeo plans to meet with officials from Denmark and Greenland. Turmoil sparked by anti-government protests nationwide in Iran (including the capital, Tehran) could also affect market risk sentiment in the short term.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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