As in every week, for the next 7 days today crypto currency We will discuss important developments waiting for its investors. Many important data came in the 7 days we left behind, and the Fed’s interest rate reduction has reached 100 %. In fact, the possibility of starting a discount with 50BP appeared. So what developments in the coming days will activate crypto currencies?
Important developments in crypto currencies
It is known that some events will have precise consequences on graphics. For example, with the arrival of employment data BTC The rise of the price was not so surprise. Or volatility increasing in both directions is not surprising as the Fed progresses on the interest rate decision. The impact of the developments in the macro front on crypto currencies has been experienced for years.
We have been writing on ETF channel that his excitement has been tending to extinguish for a while. It was as expected and now the net outputs began to normalize. So what important developments can work in the coming days?
8 September Monday
- 08:00 BRICS MEETING
- 18:00 NY FED Inflation Expectations
Tuesday, September 9
- 20:00 Apple Event (New Products, Announcements)
- 23:05 Oracle earnings report
- Robinhood Summit
Wednesday, September 10
- 07:00 US Customs Court appeal
- 15:30 US PPI annual (expectation and previous: 3.3 %)
- 15:30 US kernel PPI annual (expectation: 3.5 %previous: 3.7 %)
- 16:30 Supreme Court Decision on Customs Duties (Potential)
Thursday, September 11
- 14:00 CBRT Interest decision (Expectation: 41 %Previous: 43 %)
- 15:15 European Central Bank Interest Decision (Expectation: Fixed)
- 15:30 US CPI annual (Expectation: 2.9 %Previous: 2.7 %)
- 15:30 US Core Consumer Price Index (Expectation and Previous: 3.1 %)
Friday, September 12
- 17:00 Michigan University Sensitivity Pioneer Indicator (Expectation: 58 Previous: 58,2)
Will be careful
Inflation The figures will be announced before the FED meeting after the employment reports of this week. The importance of this meeting will be big and there will be great things in the interest rate decision of September 17th. The point graph of the Fed’s short, medium and long -term interest projections will give us an idea of the interest rate reduction rate.
Besides that Apple‘s new product launch, announcements and possible AI moves can be supportive for risk markets. The pioneering figures of Michigan on Friday will also give us an idea of the US economy.
In summary, we are at the last period before the interest rate decision, and this week, the direction will probably be clear.
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.
