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WEEK 5 โ OCTOBER 2026 (OCT 26โNOV 1)
๐ฃ 12:30 UTC, Tuesday, Oct 27: Durable Goods Orders.๐ฃ 14:00 UTC, Tuesday, Oct 27: U.S. Consumer Confidence + New Home Sales.๐ค 18:00 UTC, Wednesday, Oct 28: FED INTEREST RATE DECISION.๐ค 18:30 UTC, Wednesday, Oct 28: FED CHAIRโS PRESS CONFERENCE.๐ค 12:30 UTC, Thursday, Oct 29: U.S. Q3 GDP (advance estimate) + September PCE/Core PCE + Initial Jobless Claims.๐ฃ 12:30 UTC, Friday, Oct 30: Q3 Employment Cost Index.
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๐ค Gold: Hovers around $4,000 per ounce, with no clear signs of a breakout.๐ค Bitcoin: Stuck around $79,000, unable to regain recovery momentum.๐ค Altcoins: Many remain in the red, with buying pressure still too weak to drive a reversal.
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The AI boom continues, but massive infrastructure costs and mounting debt pressure could trigger a major shakeout in the AI computing industry.
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๐ค Oil prices fall: Easing concerns over energy-driven inflation helped gold regain recovery momentum.๐ค Middle East: Qatar continues efforts to mediate between the U.S. and Iran, but no formal agreement has been reached.๐ค Fed in focus: Markets await the rate decision at the October 27โ28 meeting, amid expectations that the Fed will maintain tight monetary policy.
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๐ณ Strive is making headlines again after spending $511.4 million to acquire another 6,182 BTC, bringing its total Bitcoin holdings to exactly 43,000 BTC.
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๐ค Anthropic, the company behind Claude AI, officially filed for an IPO with the SEC on October 26, planning to list on Nasdaq under the ticker ANT, drawing further attention to AI stocks.
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๐ณ Tom Leeโs Bitmine has purchased another 10,452 ETH (~$24.6 million), bringing its total holdings to 6,051,933 ETH, equivalent to 4.95% of Ethereumโs total supply.
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๐ก U.S. stocks: The Nasdaq rose 1.18% and the S&P 500 gained 0.60%, led by technology and AI stocks.๐ก Gold: Recovered modestly after a sharp sell-off, continuing to hover around $4,000 per ounce.๐ก Bitcoin: Climbed toward $81,000 before pulling back, failing to sustain its gains.๐ก Altcoins: Many rebounded alongside BTC, but buying pressure remains too weak to confirm a trend reversal.
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๐ค Probability of a hold: Approximately 91%, based on market expectations reflected in federal funds futures.๐ค Current interest rate range: 3.75โ4.00%, with markets strongly favoring no change.๐ค 18:30 UTC: The Fed Chair will hold a press conference, offering signals on the outlook for interest rates and monetary policy.
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๐ข Oil prices fell during the October 27 session after Iran said it could reopen the Strait of Hormuz in just 4โ5 days, rather than the previous seven-day timeline, if Tehranโs conditions are met.
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