š Summary of Important Events August 29, 2025 (USD)
1. Core PCE Price Index (MoM & YoY) ā The Fed's favorite inflation indicator.
Consensus MoM: 0.2% | Previous: 0.3%
Consensus YoY: 2.8% | Previous: 2.8%
š If the data rises ā USD could strengthen ā BTC tends to be pressured.
2. Personal Income (Jul) ā Consensus 0.3% | Previous 0.3%
š Stable, indicates public purchasing power.
3. Personal Spending (Jul) ā Consensus 0.3% | Previous 0.3%
š If higher, a sign of strong consumption ā positive for USD.
4. Goods Trade Balance (Jul) ā Consensus -87.0B | Previous -84.85B
š Larger deficit ā pressure on USD.
5. Chicago PMI (Aug) ā Consensus 46.0 | Previous 47.1
š If it falls further, a sign of slowing economy ā negative for USD ā BTC could be bullish.
6. Michigan Consumer Sentiment (Aug) ā Consensus 58.6 | Previous 61.7
š If it decreases ā economic concerns increase ā safe haven (gold & BTC) could rise.