Equities markets under pressure, gold could trade higher
Thoughts on Week Ahead:
Week 23 Oct 2023
**This week's report is shortened. Usual report will resume next week.
- Busy week, multiple key econ data and corp earnings releases
- PCE report next week to shows if any signs of inflation moderation
- Stocks under pressure, lookout for supply demand technical observations at key support levels.
- Close watch on gold, breaking US$2,000, next technical target at US$2,400
Headlines for Week Ahead:
US Corp Earnings (GOOGL, MSFT, META, AMZN, V, KO, GM, and SPOT)
SG Corp Earnings (UOB, Wilmar)
US Sept PCE, 3Q23 GDP
China Sept Ind Profits
Global PMI Survey
SG Sept CPI & Ind Prod