💥It’s been a great week for economic data!💥
✅ #PPI (YoY): 2.2%, better than the 2.3% forecast
✅ #CPI (YoY): 2.9%, just under the 3.0% estimate
✅ #Retail Sales (MoM): +1.0%, smashing the 0.4% expectation
✅ Weekly #JoblessClaims: 227K, lower than the 236K predicted
Are rate cuts on the horizon? 📉👀
#Fed #crypto #CryptoNews
✅ #PPI (YoY): 2.2%, better than the 2.3% forecast
✅ #CPI (YoY): 2.9%, just under the 3.0% estimate
✅ #Retail Sales (MoM): +1.0%, smashing the 0.4% expectation
✅ Weekly #JoblessClaims: 227K, lower than the 236K predicted
Are rate cuts on the horizon? 📉👀
#Fed #crypto #CryptoNews
🇺🇸 A day packed with action in the U.S. markets Today! Eyes are on the 2nd estimate of Q2 #GDP, but the main event? The latest weekly #joblessclaims data.
Lately, markets have reacted more to bad claims data (higher numbers) than the good ones. Expect potential volatility if claims pop higher—brace for a wild ride!
https://coinpedian.substack.com/p/key-events-to-watch-this-week-in-d54
#USGDP #JoblessClaims #MarketWatch #Crypto #CryptoNews
Lately, markets have reacted more to bad claims data (higher numbers) than the good ones. Expect potential volatility if claims pop higher—brace for a wild ride!
https://coinpedian.substack.com/p/key-events-to-watch-this-week-in-d54
#USGDP #JoblessClaims #MarketWatch #Crypto #CryptoNews
Substack
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