The data point that will affect market direction this week, and the unusual detail hidden within it

The article analyzes the impact of the U.S. Consumer Price Index for October on the markets, following a week of sharp declines in the Nasdaq. The strong employment report raised fears of further interest rate hikes. This time, the annual inflation rate will not be published due to a lack of comparison data.

The article analyzes the expected impact of the U.S. Consumer Price Index for October on the direction of financial markets. After a turbulent week on Wall Street, during which the Nasdaq entered correction territory with a decline of more than 10% from its peak, investors are awaiting the release of the index on Tuesday. The strong employment report published on Friday, which added 165,000 jobs, heightened fears that the Federal Reserve will continue to raise interest rates. According to a U.S. Bank forecast, the index is expected to rise by 0.4% and the core index by 0.3%. A higher-than-expected figure could exacerbate pressure on technology stocks. This time, due to the lack of comparison data from October 2025, the overall annual inflation rate will not be published, and investors will rely on the monthly change. According to LSEG, Fed funds futures reflect a probability of about 65% for a rate hike in December. Alongside the index, reports from Applied Materials and Cisco will be published.