🔥ATTENTION🔥

💥This week is calm in terms of ECONOMIC DATA but there are some that may SURPRISE

What should we focus on and how would the financial markets react⁉️

👉Wednesday

🔹U.S. oil inventory

-Higher oil production than expected could LOWER the price of oil, which means more profit margin for companies, thus it would be POSITIVE for STOCKS

👉Thursday

🔹Unemployment claims 09:30 ARG

- Previously it was 229K, now 227K is expected

- Given concerns about the RECESSION, labor market data becomes highly relevant. There has NEVER been a recession with a strong labor market

🔹Manufacturing PMI 10:45 ARG

-It is expected to drop from 50.2 to 49.9

🔹Services PMI 10:45 ARG

-It is expected to drop from 50.8 to 50.7

-These economic data are also relevant due to the recessionary situation in the U.S. At the same time, the PMI has a GREAT CORRELATION with #Bitcoin

- Historically, a GROWING GDP has been seen with the BIG bullish markets of $BTC

📍We are in a context where MACRO is more vital than ever for the FINANCIAL MARKETS. KEY to follow the minute to minute and the surprises that these data may leave us