🚨Important Events This week 📅

1️⃣ #CPIData Inflation data- 12th July

2️⃣ #PPIData Inflation data - 13th July

3️⃣ #Jobless Claims - 13th July

4️⃣ #ConsumerSentiment Sentiment data - 14th July

NEWS UPDATE: #US #Jobless Claims increase to 242,000.

Estimated: 240,000

Previous: 229,000

A new week has arrived and let’s see what important #economic events are in this week:

- Mon Jun 17: 🇺🇸 #Fed Governor Lisa Cook spe
- Tue Jun 18: 🇺🇸 Retail Sales
🇺🇸 Fed Governor and Presidents podcast interview and speeches
- Thu Jun 20: 🇺🇸 Initial #Jobless claims
- Fri Jun 21: 🇺🇸 Existing home sales

Today's MAJOR economic events:

May 11, 12:30 UTC

✅ #PPI MoM
✅ Initial #Jobless Claims
✅ Core PPI YoY

Expect volatility in the market.

Is Bitcoin Back on Track? 😆

Good news for #Bitcoin fans! The price jumped 2% after the Federal Reserve hinted at a possible rate cut later this year. This is like a thumbs up for risky investments like Bitcoin, and it sent the whole crypto market up.

Hold on though, it's not all sunshine and rainbows. #Jobless claims were a bit higher than expected, so the Fed is still being careful. Think of it like throwing Bitcoin a life vest, but saying "let's not get too crazy yet."

Specialists who study Bitcoin charts are like detectives looking for clues. Some see signs that the price might keep climbing, and one even predicts a jump to $82,000!

Will Bitcoin reach new #heights or is this just a short break? We'll have to wait and see, but one thing's for sure: the world of Bitcoin is always exciting!

#Binance
#crypto2024

‼️Key #Events This Week:

1. ISM Manufacturing data - Monday
2. #Federal Meeting Minutes - Wednesday
3. #Jobless Claims & JOLTs data - Thursday
4. ISM Services #PMI data - Thursday
5. June #Jobs Report - Friday
6. Total of 2 Fed members speak

We have a short but important week ahead.
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