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Note: New reports are published every Monday.
News Last Week
- Gaza's militant group, Hamas, attacked Israel on October 7th, leading to casualties.
- The attack coincided with the Jewish holiday of Simchat Torah.
- Comparisons to the 1973 Mideast war have arisen, questioning Israel's intelligence capabilities.
- Israel faces internal unrest due to disputes over the Al-Aqsa Mosque and protests against Netanyahu's proposals.
- U.S. inflation rate for September was 3.7% year-on-year and 0.4% monthly.
- Core inflation increased by 4.1% from last September, largely influenced by a 7.2% rise in shelter costs.
- Despite the Federal Reserve's interest rate hikes, inflation persists, albeit at a slower rate.
- There's a 90% market expectation that the Federal Reserve will maintain current interest rates in the November meeting.
- Mortgage rates in the U.S. are at their highest in 23 years.
News This Week
- Next week is a peak period in the earnings season.
- Reports expected from global giants like Tesla, Netflix, and Johnson & Johnson.