It is now mid-June. These few days can be said to be the week that determines the market direction for this month and even later. This article briefly sorts out the timeline of events that affect market fluctuations from this moment on. Short-term trading must pay attention to it!
đ8:30 pm on June 13 (a while): CPI data is released. If it is higher than expected, it will be bearish for the market;
đ2:00 AM on June 14 (midnight tonight): A hearing between the SEC and #Binance , ruling on the freezing of #BinanceUS 's assets in the United States. If it is frozen, it will be bad news, and if it is not frozen, it will be good news. It is a very simple logic;
8:30 pm on June 14: PPI data is released. This data will not have a particularly big impact on the market, but will mainly play a driving role;
đ2:00 a.m. on June 15: Interest rate meeting, deciding the upper limit of interest rate hikes (the market predicts that the probability of stopping interest rate hikes is greater);
2:30 am on June 15: SEC monetary policy discussion (SEC Chairmanâs Tai Chi time), this meeting will generally have large fluctuations, but will not be extreme;
June 15th 8:30 pm: Unemployment benefits data released~
I have highlighted and bolded several events that have a significant impact on the market. Traders who are good at events can pay attention to those time points. All are Beijing time.
In addition, regarding the opinion of the hearing, I think the market has already had negative expectations. Even if the negative news comes out, the downward space will be limited. On the contrary, the rebound space will be larger. Please share your personal opinion.
As for data, I usually donât make predictions. I think such predictions are useless. Even if you guess the data expectations correctly, you may not be in the right direction.
