According to a report from Wind Information in Hong Kong, in the coming week, Wall Street will concentrate on U.S. retail sales data to assess whether the economic situation will prompt the Federal Reserve to keep interest rates unchanged in November.

In addition, Bank of America, Goldman Sachs, and Morgan Stanley will announce their financial reports this week, while the latest financial data from Netflix will impact the sentiment of technology stocks this week.

Federal Reserve may hit the 'pause button' in November.

Speculation that the Federal Reserve will not further cut interest rates at the November meeting has been increasing over the past week. The September U.S. employment report helped alleviate concerns about rapid deterioration in the job market, showing a drop in the unemployment rate again and one of the highest monthly job gains of the year.

Furthermore, the latest U.S. Consumer Price Index (CPI) report shows a higher-than-expected increase in core CPI; the latest Producer Price Index (PPI) also presents a similar situation, with U.S. core PPI rising by 2.8% year-on-year in September, exceeding Wall Street's expectation of 2.6%.

Some believe that considering this data and the latest minutes from the September meeting of the Federal Reserve which showed that 'some' officials may support a smaller rate cut, the Fed might keep rates unchanged in November.

Eric Waldswan, Chief Market Strategist at Yardeni Research, said: 'As long as the inflation rate does not approach 2% so sharply and there is no crisis in the labor market, I think there is no reason for the Fed to further cut interest rates this year.'

According to the CME Fed watch Tool of the Chicago Mercantile Exchange, as of October 11, the market expects an 18% chance that the Federal Reserve will not cut interest rates in November, up from 3% a week ago.

On October 17th, the United States will release the retail sales report for September. Economists expect a 0.2% increase in retail sales from the previous month. In August, US retail sales rose by 0.1%, breaking the economists' predicted downward trend.

Jefferies' economic team led by Thomas Simons wrote in a report to clients: "Retail sales may become a particularly important factor influencing the market, as the divergence in this data has widened and scrutiny of consumer health has intensified. It is worth noting that retail sales data heavily weigh on spending, primarily on commodity expenditure rather than service expenditure, and the softness in this data may be due to persisting anti-inflation or deflation of commodities."

Netflix's financial report is the focus of attention.

At the beginning of this week, investors' attention will still be focused on financial stocks, morgan stanley, goldman sachs and bank of america will release their financial reports, the market focus will shift to netflix (NFLX.US) earnings after the market on October 17th.

The stock price of this streaming giant has risen by about 50% this year, nearing its all-time high. Wall Street expects Netflix to have an EPS of $5.16 and revenue of $9.77 billion. This indicates a nearly 40% growth in earnings compared to the previous year.

But Wall Street is intensely discussing whether the stock can maintain its significant upward momentum. In the short term, Citigroup analyst Jason Bazinet believes that Netflix's announcement of further price increases in the United States could act as a catalyst for the stock.

Bazinet stated: "We expect that after announcing the price hike, Netflix's stock will rise, but as investors' expectations of an EPS of $25 by 2025 are shattered, Netflix's stock price will ultimately decline."

MoffettNathanson analyst Robert Fishman stated: "Netflix's engagement, meaning the time users spend on the platform, shows signs of weak growth. If the weak growth in engagement is due to actual weak user growth, then this means that the increase in subscription numbers we see is just a monetization of the existing user base - in other words, a price increase in reality."

This article is reprinted from "Wind", edited by Zhixun Finance: Xu Wenqiang.