The Week Ahead: October 26, 2015 - Gainesville Coins News
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The Week Ahead: October 26, 2015

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The Week Ahead: October 26, 2015

Here's what to look for in the news this week that may factor into where markets move:

  • The FOMC holds its October policy meeting on Tuesday and Wednesday. Most do not expect the central bank to change interest rates this month.
  • Gold options expire on Wednesday, October 27th, as well. There could be a bit more volatility in gold trading on this particular trading day.
  • Portugal may be facing a constitutional crisis after denying left-wing parties, which won a majority of seats in the country's parliament in recent elections, the opportunity to form a governing coalition. The rationale is that the Socialist-led, anti-austerity coalition poses a threat to the unity of the Eurozone.

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  • Due to the splitting of Japan's Yakuza crime sydnicate into two rival gangs, the organization is cancelling its annual Halloween custom of handing out candy to local children, a tradition that goes back generations.
  • China's leaders will gather to discuss the country's next 5-year economic plan, its 13th such planned period since the country's Communist Revolution.
  • Duke Energy (NYSE:DUK)—much maligned in here in the Tampa-Saint Peterburg metro area—agrees to a $4.9-billion acquisition of project partner Piedmont Natural Gas (NYSE:PNY).

About the Author

Everett Millman

Everett Millman

Analyst, Commodities and Finance
Managing Editor

Everett has been the head content writer and market analyst at Gainesville Coins since 2013. He has a background in History and is deeply interested in how gold and silver have historically fit into the financial system.

In addition to blogging, Everett's work has been featured in CoinWeek, Advisor Perspectives, Wealth Management, Activist Post, and has been referenced by the Washington Post.

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