The most important event next week is the Federal Reserve's interest rate meeting at 2 AM Beijing time on Thursday. Everyone knows how crucial this is. Personally, I don't think there will be a rate hike, but my opinion might not be correct, and the market won't move based on my views. If I'm wrong, a rate hike could have a lasting disruptive effect on the market, which would mean the Fed might go even further down the aggressive path. In plain terms, a single rate hike might not solve the U.S. inflation problem. If Pandora's box is opened, rate hikes could once again become the Fed's weapon against inflation. This would mean either a faster recession or a longer period of high interest rates. Neither scenario is good for U.S. stocks or Bitcoin. However, the current market expectation is that the Fed will leave rates unchanged. Aside from the Fed, Monday's talks between Iran and Gulf countries are also very important. Opening new shipping routes seems like a given, and it's highly likely that Iran will start charging fees for the Strait of Hormuz. But the real headache is when these routes can officially become operational. Especially now that Iran is preparing to go head-to-head with the U.S., will they wait until after the midterm elections to open the routes, dragging things out for another three months? If that's the case, as long as Iran announces that the routes will open automatically at a certain time, it could ease some of the global anxiety over rising oil prices. But if Iran says nothing and the U.S. continues to turn a blind eye to the Strait of Hormuz, then oil prices could indeed rise further. And rising oil prices would be a disaster for global inflation. @Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all in one place for trading.