šŸ“Œ Summary of Important Events August 29, 2025 (USD)

1. Core PCE Price Index (MoM & YoY) → The Fed's favorite inflation indicator.

Consensus MoM: 0.2% | Previous: 0.3%

Consensus YoY: 2.8% | Previous: 2.8%

šŸ‘‰ If the data rises → USD could strengthen → BTC tends to be pressured.

2. Personal Income (Jul) → Consensus 0.3% | Previous 0.3%

šŸ‘‰ Stable, indicates public purchasing power.

3. Personal Spending (Jul) → Consensus 0.3% | Previous 0.3%

šŸ‘‰ If higher, a sign of strong consumption → positive for USD.

4. Goods Trade Balance (Jul) → Consensus -87.0B | Previous -84.85B

šŸ‘‰ Larger deficit → pressure on USD.

5. Chicago PMI (Aug) → Consensus 46.0 | Previous 47.1

šŸ‘‰ If it falls further, a sign of slowing economy → negative for USD → BTC could be bullish.

6. Michigan Consumer Sentiment (Aug) → Consensus 58.6 | Previous 61.7

šŸ‘‰ If it decreases → economic concerns increase → safe haven (gold & BTC) could rise.