This week is crucial for the market as it marks the final week of macroeconomic data releases for the year, with several key indicators set to be revealed:
Tuesday: Retail sales data will be released, which is essential for assessing the health of the consumer market, especially in judging economic growth and consumer spending trends.
Wednesday: The Federal Reserve meeting will take place as scheduled, followed by the FOMC (Federal Open Market Committee) decision. This meeting may bring significant market volatility, requiring close attention to the Fed's policy direction and expectations for the future economy.
Thursday: The release of GDP data will provide us with a comprehensive view of the overall economic situation. Additionally, the monetary policy decisions of the Bank of Japan and the British Pound will also have a significant impact on the global market.
Friday: The PCE (Personal Consumption Expenditures) price index will be released, which is one of the key indicators for measuring inflation levels in the U.S. and is of great importance to the market.
As the Federal Reserve meeting approaches, market volatility may significantly increase. During this week, if Bitcoin breaks through 110,000 or drops to 90,000, it should not be surprising!
