🚨 Alert on Volatility: A week full of important U.S. economic data!
And it may have strong impacts on #Bitcoin and high-risk assets!
Here are the highlights to watch:
🔺 Today – May 13
• Annual CPI inflation data and monthly Core CPI: The results came in line with expectations, without surprises, but attention remains on the upcoming Federal decision.
🔺 Thursday – May 15
• Producer Price Index (PPI) and Retail Sales: Any indication of rising prices or weak demand may change risk appetite in the market.
• Unemployment claims: Weak labor market = additional pressure on the Federal.
• Federal Chair “Powell” speech: The tone of the speech may move markets quickly.
🔺 Friday – May 16
• Consumer Confidence (University of Michigan) and inflation expectations: The market is highly sensitive to inflation expectations, so watch the numbers closely!
Proceed with caution in the markets this week, as every statement could change the course!
#BTC #Bitcoin #U.S._Economy #Federal #Economic_Analysis #CryptoNews