📅 The Week Ahead: Key Events & Market Moves

🔥 Nvidia Earnings & UK CPI in Focus

Tech spotlight on Nvidia’s results Wednesday night. Expected revenue: $33.2bn, EPS: $0.74. With the stock down 5% last week, Nvidia needs strong numbers and an optimistic outlook to revive the tech rally. Brace for volatility—an 8.78% post-earnings move is on the cards! 💻📊

UK CPI (Wednesday): Inflation expected to rise to 2.2% YoY, driven by higher energy costs, while core inflation could dip slightly to 3.1%. Markets will watch if this alters BOE’s February rate cut timeline. 🔍💷

💹 The Trump Trade: Markets React

Stocks slumped last week—S&P 500 down 2%, Nasdaq off 3%. Tech and mid-caps bore the brunt as uncertainty around Trump’s economic plans grows. 📉

Bitcoin soars 🚀, hitting a fresh high of $92,000, up $3,000 this week. The rally was fuelled by RFK Jr. calling bitcoin the "currency of freedom." Now the big question: can it breach the $100K mark before Trump’s potential return to power? 💸💎

💵 Currency Market Trends

USD strength persists, with GBP/USD below $1.2650 and EUR/USD at $1.0550. Markets are eyeing the Fed’s December meeting for potential hawkish signals.

USD/JPY reversed Friday’s gains as the BOJ stayed cautious, with Governor Ueda offering no signs of rate hikes. Yen upside looks capped for now. 🎯

🌍 Geopolitical Spotlight

China pushes back: Xi sets red lines on Taiwan, tariffs, and democracy ahead of the G20. A US-China trade clash looms, adding to global risks. 🐉

Ukraine conflict: Biden's support for Ukrainian counterattacks complicates Trump’s peacekeeper positioning.

Oil prices steady around $71.30 as markets weigh geopolitical tensions and global growth outlooks. 🛢️

📈 What Else to Watch

US housing data: Expected slowdown in housing starts could hint at easing shelter price inflation in the months ahead.

November PMIs: Key readings from the UK, US, and Eurozone will give clues about Q4 economic momentum.

It’s a big week for markets, with tech earnings, inflation data, and bitcoin’s incredible rally setting the stage for potential volatility. Keep an eye out! 👀📊💹