NDXUSD

The NASDAQ 100 index, which is heavily weighted in technology stocks, will be quite sensitive to the Fed's monetary policy signals this week. The general consensus in the market is that the Fed has now ended its rate hike cycle due to signs of economic slowdown and controlled inflation. If the Producer Price Index (PPI) and tomorrow's Consumer Price Index (CPI) data come in line with or lower than expectations, it would strengthen this belief and increase the expectation that rate cuts could begin sooner. This situation could act as a positive catalyst for growth-oriented technology companies, potentially raising the index. It can be said that the index maintains its upward potential, especially under the leadership of companies in the artificial intelligence and semiconductor sectors.