7 November 2022 | Other

The latest inflation data and the U.S. midterm elections are this week's most awaited events

The most expected news on Wall Street this week will be the release of the latest government inflation data and the U.S. midterm elections.

This week, the consumer price index (CPI) for October will be published on Thursday. Economists surveyed by Bloomberg predicted that the core CPI for October was 7.9% year-over-year, down from 8.2% growth for the year in September. The core consumer price index, which excludes volatile components such as food and energy prices, is projected to reach 6.5%, down slightly from 6.6% last month.

The U.S. Congressional elections are scheduled for Nov. 8. After them, the Democratic Party could lose its majority in both the House of Representatives and the Senate. The midterm elections will increase volatility in the financial markets.

Company MarketCheese
Period: 07.11.2026 Expectation: 6750 pips
Selling USDCAD down to 1.35500
Today at 09:05 AM 21
Period: 07.11.2026 Expectation: 3700 pips
Go long on natural gas with $3.37 target
Today at 06:22 AM 15
Gold sell
Period: 14.10.2026 Expectation: 2100 pips
Go short on gold with $4,100 in view
Today at 06:07 AM 16
Period: 06.11.2026 Expectation: 1650 pips
Invest in Brent crude up to $115
Yesterday at 10:22 AM 36
Period: 20.10.2026 Expectation: 4500 pips
Buy Bitcoin with $90,000 in sight
Yesterday at 09:21 AM 25
Period: 31.12.2026 Expectation: 900 pips
AUDCAD upside may come into play in medium term
Yesterday at 05:28 AM 55
Go to forecasts