Below, we present a series of macroeconomic data announcements that could influence the price of Bitcoin. Most of them have the same effect on financial markets, showing the close correlation between traditional and decentralized finance. In any case, this week's agenda is remarkably varied.
Monday:
*China's second quarter GDP report.
*June industrial production in China.
*Retail sales in June in Germany.
Mars:
*European Central Bank (ECB) loan report.
*CPI inflation for June in Italy.
*June CPI inflation in Canada.
*June retail sales in the United States.
Wednesday:
*June CPI inflation in the United Kingdom.
*Report on the harmonized EU consumer price index for June.
*Various data on housing construction in the US in June.
Thursday:
*Various employment data in the United Kingdom in June.
*ECB monetary policy decision.
Friday:
*UK retail sales in June.
As you can see, there will be numerous announcements this week, which could contribute to Bitcoin price movements. The recommendation is to keep an eye on this macroeconomic calendar.
