$BTC ATTENTION🚨 Daily Summary – Economic Agenda 06/18
🔺 3:00 PM: Decision on the Federal Reserve's interest rate (FOMC). High expectations to see if the American central bank will maintain the rate or signal future cuts.
🔺 3:30 PM: Press conference with Jerome Powell
This is where the market seeks nuances, signals, and clues about the Fed's next steps.
🔺 U.S. stock futures fluctuating. The market is cautious with geopolitical tensions and waiting for new macroeconomic data.
Reminders:
Despite fears about tariffs and oil pressuring inflation, May's CPI data came in soft. This gives the Fed more room to maintain monetary policy without abrupt changes.
📆 Trump's tariffs on the horizon:
A new tariff package is on the table with a deadline until July 9, affecting close trading partners. Trump left the G7 summit without progress but is expected to meet with Mark Carney (Canada) later this week.
📌 Attention:
U.S. markets will be closed tomorrow (Thursday) due to the Juneteenth holiday.
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