📜WEEKLY MARKET REPORT
🍿Wednesday:
• Economic Data: Flash PMI Surveys, New Home Sales
• Earnings: Boeing $BA, AT&T $T, IBM $IBM,
🍿Thursday:
• Economic Data: Jobless Claims
• Earnings: Alphabet $GOOGL, Intel $INTC 🔴
🍿Friday:
• Economic Data: Consumer Sentiment
• Earnings: SLB $SLB, Abbvie $ABBV, Colgate-Palmolive $CL
🔸U.S. stock index futures rose on Tuesday, bouncing back after equities tumbled in the previous session, when President Donald Trump's criticism of Federal Reserve Chair Jerome Powell rattled investors.
🔸All three major indexes ended Monday's session down more than 2% after Trump redoubled his attacks against Powell for not cutting interest rates, sparking concern about the central bank's independence and the future monetary policy path.
🔸While equity futures found some footing in early trading on Tuesday, the mood remained fragile as investors awaited Trump's next steps vis-à-vis Powell.
🔸Clarity on U.S. tariff policy and the outcome of negotiations with individual countries on reciprocal levies are also in focus.
🔸Investors will focus on a bevy of corporate results, which are due throughout the week, for indications on how companies are navigating the uncertainty caused by tariffs and their expectations for a hit on future earnings.
📈According to my own trading data, I'm expecting a green week for the #crypto market. And you? 👀
#trading #bitcoin #Binance