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JUST IN: 🇺🇸 Binance in talks with DOJ to end 3-year compliance monitor from $4.3B settlement - Bloomberg
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🚨BREAKING🚨 🇺🇸🇬🇧 US and UK to announce new #Crypto cooperation deal.
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FED DECISION TOMORROW 11:30 PM IST 🚨🚨 IF THE FED CUTS RATES, THE DOLLAR MAY WEAKEN, AND STOCKS, CRYPTO, AND GOLD COULD RISE. IF THERE’S NO CUT, THE DOLLAR MAY STRENGTHEN, AND STOCKS AND CRYPTO COULD FALL WITH HIGHER VOLATILITY. WHAT DO YOU THINK WILL HAPPEN? #open4profit
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JUST IN: Google collaborates with Coinbase to add crypto payments to its new AI payments protocol.
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#Binance Spot Volume Surpasses All Other Exchanges Combined. When this event repeats, it usually signals that large traders and market makers are showing strong interest in spot trading.
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🔹 Indicator Meaning Today’s focus is on U.S. Retail Sales data: - Core Retail Sales (m/m): Measures the change in the total value of retail sales excluding automobiles. This is a key indicator of underlying consumer demand. - Retail Sales (m/m): Tracks overall spending at the retail level, including autos. These indicators provide a snapshot of household spending, a major driver of U.S. economic growth. - Interpretation rules: Actual > Forecast → Positive for USD Actual < Forecast → Negative for USD ——— 🔹 Key Information Core Retail Sales m/m • Forecast: 0.4% • Previous: 0.3% • Actual: (Not yet released) Retail Sales m/m • Forecast: 0.2% • Previous: 0.5% • Actual: (Not yet released) ——— 🔹 Market Outlook - Retail activity is expected to moderate slightly compared to the previous month. - A stronger-than-expected result could boost USD as it signals firm consumer spending, which may pressure gold. - A weaker reading could weigh on USD and support gold, as it may point to a cooling in household demand and slower economic momentum.
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