Trade with Daphne

3 Things to Watch This Week - 29 Oct ‘24 1️⃣ US PCE & Unemployment Data 🟢 PCE on 31 Oct, Thu, 8.30pm SGT 🟢 Should inflation gauge Core PCE YoY stay constant at 2.7% or come in lower, likely would not trigger negative reactions in market movement 🟢 Fed’s emphasis is more on labour data - Nonfarm Payrolls and Unemployment Rate on 1 Nov, Fri, 8.30pm SGT 🟢 Nonfarm Payrolls forecast at 111k, more than 50% decline from previous print 🟢 Unemployment rate expected to remain steady at 4.1% 2️⃣ US Q3 Earnings 2024 – Mega Cap 🟢 GOOGL, MFST, META, AAPL and AMZN reporting this week 🟢 Due to heavier weightage, could sway indices such as Nasdaq and S&P 500, along with ETFs such as XLK and XLC 🟢 Current blended YoY earnings growth rate is 3.6%, down from previous week 🟢 Calendar as posted 3️⃣ Nasdaq, S&P 500, XLK, XLC 🟢As prices of these indices are likely to experience some distinct moves this week, levels as stated on charts

Hi TWD friends! Sorry I’m under the weather today and have half a voice. But big week in markets - so I will post your update tomorrow, promise ☺️ Will still be answering enquiries till 1030pm today. Have a great evening ahead!

Click below for full breakdown in voice commentary ☺️⬇️ *all information said/shared is for educational purposes only, not an indication to buy/sell

All about earnings this week - click below for full breakdown in voice commentary ☺️⬇️ *all information said/shared is for educational purposes only, not an indication to buy/sell