Macro Volatility Week: FOMC, BOJ & US Midterms
A packed macro calendar — FOMC Oct 28, BOJ Oct 30, US Midterms Nov 3 — combined with rising French CDS spreads, gold retreating, and mixed Asia-Pacific market opens, is setting up an unusually volatile week.
What we know
An account on X flagged the trifecta of high-volatility macro events: FOMC (Oct 28), BOJ (Oct 30), and US Midterms (Nov 3). Asian markets opened mixed but Japan's Nikkei gained 2% on US tech momentum — another account on X. Gold retreated on reassessment of Fed rate path — another account on X. US futures were modestly higher with S&P +0.2% and Nasdaq +0.43% — another account on X. A warning signal: French government CDS spreads are spiking, prompting another account on X to write 'Fasten your seat belts.' Retail options activity hit 61% of Citadel's total platform volume last week, near record highs — another account on X. Ed Yardeni called it an orderly AI bubble deflation — another account on X.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.