PMI
9,812 visningar
16 Inlägg
Rekommenderas
Senaste
📆Economic Calendar: This Week's Financial Highlights
1. Monday - 📊 S&P Global Services PMI: This could set the tone for market sentiment. A strong PMI might boost investor confidence, potentially driving crypto prices up due to increased risk appetite.
2. Tuesday - 🛍️ CB Consumer Confidence: High consumer confidence might signal more spending, possibly leading to a bullish crypto market as investors seek higher returns.
3. Wednesday - 🏠 August New Home Sales: If sales are robust, it might indicate economic health, which could spill over into crypto, attracting more investors looking for gains.
4. Thursday - 🚚 Durable Goods Orders & 📈 Q2 2024 Final GDP Reading: Strong orders and GDP growth could mean more liquidity in the market, potentially inflating crypto bubbles. Watch for reactions!
5. Friday - 📉 August PCE Inflation Data: This is crucial. Lower inflation might ease fears of rate hikes, potentially leading to a crypto market rally as money flows into riskier assets.
🔍 What to Watch For:
- Volatility: Expect price swings as these indicators can sway investor sentiment rapidly.
- Liquidity: Positive data might pull money from traditional markets into crypto, especially if inflation seems under control.
📈💰$BTC #CPI_BTC_Watch #PMI #S&P
1. Monday - 📊 S&P Global Services PMI: This could set the tone for market sentiment. A strong PMI might boost investor confidence, potentially driving crypto prices up due to increased risk appetite.
2. Tuesday - 🛍️ CB Consumer Confidence: High consumer confidence might signal more spending, possibly leading to a bullish crypto market as investors seek higher returns.
3. Wednesday - 🏠 August New Home Sales: If sales are robust, it might indicate economic health, which could spill over into crypto, attracting more investors looking for gains.
4. Thursday - 🚚 Durable Goods Orders & 📈 Q2 2024 Final GDP Reading: Strong orders and GDP growth could mean more liquidity in the market, potentially inflating crypto bubbles. Watch for reactions!
5. Friday - 📉 August PCE Inflation Data: This is crucial. Lower inflation might ease fears of rate hikes, potentially leading to a crypto market rally as money flows into riskier assets.
🔍 What to Watch For:
- Volatility: Expect price swings as these indicators can sway investor sentiment rapidly.
- Liquidity: Positive data might pull money from traditional markets into crypto, especially if inflation seems under control.
📈💰$BTC #CPI_BTC_Watch #PMI #S&P
WHAT DATES IN DECEMBER 2023 WILL BE MOVING THE MARKET?
📌 US ISM Services Purchasing Managers’ Index (PMI)
When?
Friday, 1 December
Relevance?
The US ISM Services PMI measures the health of the American services sector, which includes industries like healthcare, retail, and hospitality. Investors pay close attention to these numbers because the services sector makes up a significant portion of the US economy.
------
📌 US unemployment rate and non-farm payrolls
When?
Friday, 8 December
Relevance?
US unemployment numbers serve as a critical indicator of the overall health of the US economy.
------
📌 US inflation rate numbers
When?
Tuesday, 12 December
Relevance?
The inflation rate in the US will decide the Fed’s plans with interest rates. High inflation may call for further rate hikes, while signs of inflation slowing may lead to a pause or even a decrease in interest rates.
------
📌 Federal Reserve Bank interest rate decision
When?
Wednesday, 13 December
Relevance?
Financial markets often react sensitively to interest rate decisions. Lower interest rates can stimulate economic activity and boost stock markets, while higher rates can have the opposite effect.
$BTC $ETH $XRP
#MarketWatch2023 #MarketDynamics #FederalReserve #inflation #PMI
📌 US ISM Services Purchasing Managers’ Index (PMI)
When?
Friday, 1 December
Relevance?
The US ISM Services PMI measures the health of the American services sector, which includes industries like healthcare, retail, and hospitality. Investors pay close attention to these numbers because the services sector makes up a significant portion of the US economy.
------
📌 US unemployment rate and non-farm payrolls
When?
Friday, 8 December
Relevance?
US unemployment numbers serve as a critical indicator of the overall health of the US economy.
------
📌 US inflation rate numbers
When?
Tuesday, 12 December
Relevance?
The inflation rate in the US will decide the Fed’s plans with interest rates. High inflation may call for further rate hikes, while signs of inflation slowing may lead to a pause or even a decrease in interest rates.
------
📌 Federal Reserve Bank interest rate decision
When?
Wednesday, 13 December
Relevance?
Financial markets often react sensitively to interest rate decisions. Lower interest rates can stimulate economic activity and boost stock markets, while higher rates can have the opposite effect.
$BTC $ETH $XRP
#MarketWatch2023 #MarketDynamics #FederalReserve #inflation #PMI
#Bitcoin's price held steady around $69,000, buoyed by speculation of potential interest rate cuts by the #FederalReserve, which weakened the #dollar and prompted some investors to seek refuge in #cryptocurrencies. Over the past 24 hours, Bitcoin saw a modest 0.8% increase, inching closer to breaking out of its $60,000 to $70,000 trading range that has persisted since mid-March. However, the sustainability of Bitcoin's rise above $70,000 remains uncertain.
In May, digital asset investment products witnessed continuous inflows for the 4th consecutive week, totaling $2 billion for the month. Bitcoin attracted the majority of these inflows, while #Ether also saw increased capital influx following the #SEC's approval of Ether-based exchange-traded funds (#ETFs). Despite improved sentiment towards cryptocurrencies, trading volumes and daily turnover in crypto investment products remained subdued.
The broader cryptocurrency market also experienced gains, fueled by optimism surrounding potential rate cuts by the Fed. Weak #US purchasing managers index #PMI data spurred speculation of a rate cut as early as September, leading traders to favor riskier assets like cryptocurrencies. As a result, #Ethereum fell by 1.4% to $3,762.49, while other cryptocurrencies such as SOL and XRP posted marginal gains. Memecoins like SHIB and DOGE, however, saw declines as investors engaged in profit-taking following robust gains in May.
In May, digital asset investment products witnessed continuous inflows for the 4th consecutive week, totaling $2 billion for the month. Bitcoin attracted the majority of these inflows, while #Ether also saw increased capital influx following the #SEC's approval of Ether-based exchange-traded funds (#ETFs). Despite improved sentiment towards cryptocurrencies, trading volumes and daily turnover in crypto investment products remained subdued.
The broader cryptocurrency market also experienced gains, fueled by optimism surrounding potential rate cuts by the Fed. Weak #US purchasing managers index #PMI data spurred speculation of a rate cut as early as September, leading traders to favor riskier assets like cryptocurrencies. As a result, #Ethereum fell by 1.4% to $3,762.49, while other cryptocurrencies such as SOL and XRP posted marginal gains. Memecoins like SHIB and DOGE, however, saw declines as investors engaged in profit-taking following robust gains in May.
US PMI Exceeds Expectations
The U.S. August S&P Global Services PMI final value surpasses expectations at 55.7
Positive momentum for the U.S. economy
#USMarket #PMI #FinanceNews
The U.S. August S&P Global Services PMI final value surpasses expectations at 55.7
Positive momentum for the U.S. economy
#USMarket #PMI #FinanceNews
Happy Monday 🍀
📅 Mark your calendars for the following dates:
🔹 April 27, 2024: Consumer Confidence Index 🏦
🔹 May 1, 2024: Manufacturing PMI 🏭
🔹 May 5, 2024: Non-Farm Payroll Report 👷♂️👩💼 #CCI #PMI #NFP #economy #DataRelease
📅 Mark your calendars for the following dates:
🔹 April 27, 2024: Consumer Confidence Index 🏦
🔹 May 1, 2024: Manufacturing PMI 🏭
🔹 May 5, 2024: Non-Farm Payroll Report 👷♂️👩💼 #CCI #PMI #NFP #economy #DataRelease