Jerome Powell’s Speech Could Impact the Markets Today!
📅 Time: 6:00 PM IST | 8:30 AM ET
Here’s why this one is particularly significant:
⚠️ Rumors of Resignation are circulating — even small hints can undermine investor confidence.
💬 Fed speeches typically influence markets — but in times like these, volatility can increase dramatically.
📊 Markets to Monitor:
💵 Major currency pairs (EUR/USD, GBP/USD, etc.)
📈 Stock indices (S&P 500, Nasdaq)
🪙 Cryptocurrency (especially Bitcoin and Ethereum)
🟡 Gold (XAU/USD)
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✅ How to Trade Wisely:
🔒 Avoid excessive leverage before the speech
✂️ Implement tight stop-losses if you are already in a position
🕒 Allow time for the speech & its reaction to stabilize before making new entries
👀 Key phrases to listen for: “Inflation”, “Rate hikes”, “Resignation”, “Uncertainty”