As of Friday, January 17, 2025, several key economic indicators are scheduled for release that could influence trading positions in cryptocurrencies and USDT (Tether). Monitoring these events is crucial for informed decision-making.

1. United States Economic Indicators:

Housing Starts (December 2024):

Release Time: 8:30 AM ETPrevious: 1.29 millionForecast: 1.33 millionImplications: An increase in housing starts suggests economic growth, potentially strengthening the USD, which may inversely affect cryptocurrency prices.

2. Building Permits (December 2024):

Release Time: 8:30 AM ETPrevious: 1.51 millionForecast: 1.46 millionImplications: A decrease in building permits could indicate a slowing housing market, possibly leading to USD weakening and influencing crypto markets.

3. Industrial Production (December 2024):

Release Time: 9:15 AM ETPrevious: -0.1%Forecast: 0.2%Implications: Growth in industrial production reflects economic expansion, potentially impacting investor sentiment in both traditional and crypto markets.

4. Capacity Utilization (December 2024):

Release Time: 9:15 AM ETPrevious: 76.8%Forecast: 77.0%Implications: Higher capacity utilization indicates increased production efficiency, which can strengthen the USD and affect crypto valuations.

5. United Kingdom Economic Indicators:

Retail Sales (December 2024):Release Time: 02:00 GMTPrevious: 0.2%Implications: Retail sales data can influence GBP strength, indirectly affecting USD and USDT valuations.

6. Eurozone Economic Indicators:

Consumer Inflation (December 2024):Release Time: TBDImplications: Inflation rates impact ECB monetary policy decisions, influencing EUR/USD dynamics and, consequently