Crypto markets have been hit hard over the past week, but are beginning to show signs of recovery during the early trading hours in Asia on Monday, CryptoPotato reported. However, with a busy economic schedule in the coming week and escalating political tensions in the Middle East, investors may seek safe-haven assets. The market will also focus on earnings this week, with reports released covering various economic sectors including banking and finance. Key events this week include: 1. March retail sales data (Monday); 2. Speech by Fed Chairman Powell (Tuesday); 3. Existing home sales data (Thursday); 4. Philadelphia Fed Manufacturing Index (Thursday); 5. About 10% of S&P 500 companies report earnings; 6. There are 13 Fed speeches this week. In addition, the conflict in the Middle East continues to attract attention, exerting upward pressure on commodity prices such as oil and gold. In addition, the Chinese economy will be in focus, and the first quarter GDP data released on Tuesday may affect risk appetite for risky assets such as BTC.
