๐จ BIG WEEK AHEAD FOR MARKETS:
๐บ๐ธ Tuesday โ ADP employment data
๐บ๐ธ Wednesday โ Manufacturing + services PMI
๐บ๐ธ Thursday โ New home sales
๐บ๐ธ Friday โ Durable goods orders
8 Fed speeches also on deck this week
Oil remains the big wildcard
Expect volatility
Right now, BTC is consolidating based on the outcome of jobless claims, that is slightly bearish yesterday.
No major pump, let see how it goes.
Lfg๐๐
๐จ LIQUIDATION EVENT.
Reports say about $771M in crypto positions were liquidated following the CLARITY Act Senate vote failure, with BTC falling below $75K. ๐๐๐
๐จ BINACE DELISTING
This is an upcoming spot-pair removals: BREV/USDC, COOKIE/USDC, LA/USDC and QNT/USDC on Sept. 18 at 04:00am WAT. Importantly, Binance says this removes the trading pairs, not the tokens themselves.๐๐
๐จ REMINDER.
๐บ๐ธJobless claims or unemployment claim rate will be announced today, exactly 1:30pm WAT.
Previous: 206k
Forecast: 207k
Actual: ?
Are We all ready for the move.๐๐๐๐.
WAGMI๐.
๐จ MARKET UPDATE THIS WEEK
๐บ๐ธ HIGH IMPACT U.S ECONOMIC NEWS
1.FOMC rate by 7:00pm WAT, and fed press conference by 7:30pm WAT on Wednesday.
2.Jobless claims by 1:30pm WAT on Thursday.
๐๐
๐จ IMPORTANT:
๐บ๐ธ๐ฎ๐ท President Trump says the war with Iran could end before the midterms or shortly after.
He also says Iran is currently looking to reach a deal
A peace deal could be a major relief for markets
Bullish if confirmed
๐จ MARKET UPDATE THIS WEEK
๐บ๐ธ HIGH IMPACT U.S ECONOMIC NEWS
1.FOMC rate by 7:00pm WAT, and fed press conference by 7:30pm WAT on Wednesday.
2.Jobless claims by 1:30pm WAT on Thursday.
๐๐
๐จMARKET UPDATE
๐บ๐ธ U.S Economy News
๐ CPI inflation is today 8:30AM ET(1:30pm WAT)
It measures how much the prices of everyday goods and services are changing over time.
All eyes on this๐
๐จMARKET UPDATE
๐ PPI Inflation is 5.4%
Expectation is 5.3%
๐ท Jobless Claims is 206000
Expectation is 205000
This is bearish to the market ๐๐
๐จMARKET UPDATE
๐บ๐ธ Key U.S. Economic Data Today
๐ PPI Inflation and initial jobless claims is 8:30 AM ET (1:30 PM WAT)
This is one of todayโs major market-moving releases. It measures inflation at the producer level and can influence expectations for Federal Reserve policy.๐บ๐ธ