Warning: Important Economic Event Calendar This Week, Unpredictable Fluctuations

Crypto traders need to pay special attention to this week's important macroeconomic event calendar, particularly regarding inflation reports in the U.S. These are factors that can cause significant fluctuations in the global financial markets, which in turn directly affect the prices of various cryptocurrencies.

Notable Events

Wednesday (10/9): The European Central Bank's interest rate (#ECB ) and the U.S. Producer Price Index (PPI) will be announced. PPI data may provide clues about upcoming inflation pressures.

Thursday (11/9): The U.S. Consumer Price Index (CPI) - one of the most important measures of inflation - will be released. The forecast #cpi is 2.9%, higher than the previous 2.7%, while the core CPI is expected to remain at 3.1%. If these figures are higher than expected, the market may react negatively.

Advice for Traders

The combination of inflation reports and unemployment data will paint a clearer picture of the health of the U.S. economy. These figures can strongly influence the Federal Reserve's policy decisions, thereby affecting investor sentiment towards riskier assets like crypto. Traders should exercise caution, consider reducing leverage, and set stop-loss orders to protect assets against unexpected fluctuations. #anhbacong