Summary of Major Financial Events Next Week: Fed Decision + Big Tech Earnings Week Ahead!

Next week (10.28-10.30) will bring key developments for global capital markets, with major events including the Fed rate decision, a wave of Big Tech earnings reports, and key inflation data. Market volatility risks are set to rise significantly, and investors should pay close attention to the following:

I. Fed Policy Window: Rate Hike Expectations Shift

• October 29, 02:00 Fed rate decision: Markets widely expect the Fed to keep rates unchanged in the 3.75%-4.00% range. CME FedWatch puts the probability of no rate change at 92.8%, while expectations for a 25-basis-point rate hike in December have risen to 74.8%.

• October 29, 02:30 Fed Chair's remarks: The remarks will signal the future policy path. Pay close attention to comments on inflation, employment, and the pace of rate hikes, as these will directly affect U.S. Treasury, stock, and dollar movements.

II. Big Tech Earnings Reports: AI and Memory in Focus

1. Memory sector

◦ October 28, 08:00 SK Hynix Q3 earnings call: Markets will focus on the scale of the rebound in memory chip prices, the share of revenue from AI memory, and shareholder return plans.

◦ October 29, 09:00 Samsung Electronics Q3 earnings call: Key areas to track include gross margins in the memory business, HBM chip shipments, and AI capital expenditure plans.

◦ October 30, 04:00 SanDisk 2027 Q1 earnings report: Focus on NAND flash price trends and changes in enterprise storage demand.

2. AI tech giants

◦ After October 29, 04:00 Microsoft and Google Q3 earnings reports: Key areas to watch include AI revenue growth, capital expenditure, and cloud computing profit margins.

◦ After October 30, 04:00 Amazon and Intel Q3 earnings reports: Key areas to track include AWS cloud service growth, progress in the AI chip business, and data center capital expenditure plans.

III. Key Inflation Data and Other Central Bank Developments

• October 29, 20:30 U.S. September core PCE price index: The Fed's most closely watched inflation indicator is expected to rise 3.10% year over year, compared with 3.00% previously. A higher-than-expected reading would strengthen expectations for a December rate hike.

• October 30 Bank of Japan rate decision: Markets expect the BOJ to leave its accommodative policy unchanged. Watch for any signals of adjustments to yield curve control (YCC), which could trigger significant volatility in the yen.

Next week's events are highly interconnected. Fed policy, Big Tech earnings, and inflation data will influence one another and could trigger sharp swings in global capital markets. Investors are advised to closely monitor key developments and hedge risks.

Risk warning: Markets involve risks; invest with caution. This article is compiled from public information and does not constitute investment advice.