🚨 What Will Happen in the Market This Week?

We started Monday with Turkey's CPI data: 33.52%

(Expected: 34.05% | Previous: 35.05%)

Inflation came in slightly below expectations, which is a positive sign for the TL. While the impact on crypto is indirect, it's an encouraging development for local investors.

On Tuesday at 16:45, the US Services PMI will be announced.

(Expected: 55.2 | Previous: 55.2)

This data is an important signal regarding the strength of the US economy. If it comes close to expectations, the market will remain calm; if it's high, the dollar may strengthen, which could create short-term pressure on crypto.

On Thursday at 15:30, there will be US Unemployment Claims.

(Expected: 221K | Previous: 218K)

If the labor market remains strong, the FED may not be inclined to ease. Thus, macro data will keep crypto investors on edge once again.

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