This week's market preview is here, focusing on these major events

The most critical variable in the market recently remains the hearing of the new Federal Reserve Chair in the U.S.
With the new official taking office, whether they lean hawkish or dovish will be answered soon.
📅 Tuesday (April 21)
U.S. retail sales data for March released in the evening
Focus on whether U.S. consumer spending is beginning to weaken, especially against the backdrop of recent oil price increases. If the data is weak, the market may preemptively price in rate cuts.
At 10 p.m.
The first hearing after the nomination of Fed Chair Powell
This is the biggest focus for the entire market, expected to address:
• What is their view on inflation
• Whether they support rate cuts within the year
• Are current interest rates too high
• Is the U.S. economy slowing down
A single statement could trigger fluctuations in gold, U.S. stocks, and Bitcoin.
📅 Thursday (April 23)
Released in the evening:
• Last week’s initial unemployment claims
• U.S. April Manufacturing PMI preliminary figure
• U.S. April Services PMI preliminary figure
This set of data mainly looks at whether U.S. employment and economic activity are cooling down.
📅 Friday (April 24)
Released:
• U.S. April inflation expectations
• U.S. April Consumer Confidence Index
Especially consumer confidence, which last time fell to 47.6, near a historic low, indicating that U.S. residents are not optimistic about the economic outlook.
📊 Earnings season focus
Early Thursday: Tesla Q1 earnings report
Early Friday: Intel Q1 earnings report
Currently, the market still has some optimism about Tesla’s earnings. If they beat expectations, it could boost tech stocks’ sentiment; if they miss, it could drag down the Nasdaq performance.
📌 Summary
Next week features the debut of the new Fed Chair and economic data validation, plus tech giants’ earnings reports. Volatility is likely to be high, so watch your positions!