*Next week, the market’s primary focus will center on three key areas:*
*First, the Federal Reserve’s monetary policy meeting. The Federal Reserve will hold a two-day monetary policy meeting. While the market widely expects the policy rate to remain unchanged, investors will closely monitor the latest economic projections (inflation, unemployment, and GDP), the dot plot’s guidance on the future path of rate cuts, and Chair Jerome Powell’s remarks during the press conference. Currently, interest rate futures indicate that market expectations for rate cuts in 2026 have cooled significantly, with the projected number of rate cuts for the year falling from two to less than one.*
*Second, the situation in the Middle East and oil price trends. The conflict in Iran remains the market’s greatest external uncertainty. If Brent crude oil continues to hover above $100 per barrel or even surges toward $120, it could have two major implications: first, it would fuel global inflationary pressures; second, it would constrain the Federal Reserve’s future room for rate cuts, thereby exerting temporary pressure on global risk assets.*
*Third, catalysts in the technology sector. NVIDIA is set to hold its annual developer conference, NVIDIA GTC. This event typically features announcements of the latest AI technologies, chip products, and ecosystem partnerships, which could reignite market sentiment around artificial intelligence themes and serve as a significant short-term catalyst for tech stocks.