We have come to the end of the first quarter and Altcoin investors could not achieve what he wanted. Crypto Uncertainty in the money brought new bottoms. Following the decreases in the first quarter, hopes are in the direction of the recovery of markets in the next 3 months. If this does not happen, as of May, it can be seen that the motto “sell and go on vacation” has bad consequences.
Crypto Coins Important Developments
Today, as it is every Sunday crypto- We discuss the important developments expected in money. We have recently seen good messages about tightening at the Fed meeting. Explanations that the tightening will slow down shows that more supportive explanations for risk markets may come at the May meeting.
In the quarter of Trump, crypto currencies would not be expected to perform such a performance, but Trump He made a very hard start. While challenging the world, the launch of a trade war on its partners such as the EU and China triggered a rightful fear.
As of April 2, uncertainties will decrease and we will see that more relaxation in crypto currencies is priced as it progresses to May. This is the optimistic scenario. So what are the expected key developments in crypto currencies for the next 7 days?
Monday, March 24
- 20:45 Bostic will talk from the Fed
- 22:10 Barr from Fed
Tuesday, March 25
- 17:00 US CB Consumer trust (Expectation: 94 Previous: 98.3)
Wednesday, March 26
- 15:30 US Durable Consumer Goods (Expectation: -1 % Previous: 3.2 %)
Thursday, March 27
- 15:30 US GDP (Expectation and Previous: 2.3 %)
- 15:30 US First Unemployment Applications (Expectation: 225k Previous: 223k)
- 23:30 Fed Barkin
- 17:00 – 00:00 Round Table Meeting on Artificial Intelligence Between WLD and SEC
Friday, March 28
- 15:30 US PCE Price Index Annual (Expectation and Previous: 2.5 %)
- US kernel PCE Annual (Expectation: 2.7 %Previous: 2.6 %)
- 15:30 US consumer expenditures (Expectation: 0.5% Previous: -0.2%)
- 17:00 Michigan University 1 -year Inflation Final (Previous: 4.9 %)
- 19:15 Fed Barr
- 22:30 Fed Bostic
What important
The data we will understand about the current situation about the US economy will come. The first three days of the week are relatively calm and possible after the data that will come on Thursday and Friday. Since it will remain for a little time in April 2, it would be appropriate to closely monitor the last -minute developments by the investors.
Current relaxation expectation of the market as above. There are 45 days for the next Fed meeting.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
