Crude's supply risks meet a 66.4% probability of a Fed hike.
The week of Sept. 28 brings a critical slate of economic data, central bank developments, and energy market catalysts. Traders will monitor Strait of Hormuz discussions and an upcoming OPEC+ meeting for immediate impacts on WTI Crude Oil futures. Attention also shifts to the U.S., where July PCE and August Nonfarm Payrolls will provide the latest view on inflation and hiring ahead of the October FOMC meeting. The CME FedWatch Tool currently reflects a 66.4% probability of another rate hike. Alongside a busy macroeconomic calendar featuring PMIs and inflation figures from across the globe, the earnings schedule offers updates from 18 large-cap companies, including Micron Technology and Nike.
The week of Sept. 28 brings a critical slate of economic data, central bank developments, and energy market catalysts. Traders will monitor Strait of Hormuz discussions and an upcoming OPEC+ meeting for immediate impacts on WTI Crude Oil futures. , where July PCE and August Nonfarm Payrolls will provide the latest view on inflation and hiring ahead of the October FOMC meeting.
4% probability of another rate hike. Alongside a busy macroeconomic calendar featuring PMIs and inflation figures from across the globe, the earnings schedule offers updates from 18 large-cap companies, including Micron Technology and Nike.