🚨 Next week could determine the direction for October
$BTC
Five consecutive days. Five major U.S. catalysts.
And each one could completely change what the market expects from the Federal Reserve.
$ETH
Monday: ISM Services PMI index, expected around 55.7, with services inflation still elevated.
$GIGGLE
Tuesday: ADP employment, another key test to see whether the U.S. labor market has finally started to break down.
Wednesday: FOMC meeting minutes, and the market will be looking for any signal about how aggressive the Federal Reserve will be from here onward.
Thursday: Jobless claims—another direct read on whether layoffs are starting to accelerate.
Friday: Michigan inflation expectations, after the one-year outlook jumped to 4.6%.
Conditions are turbulent as hot inflation data keeps rate-hike fears alive, while weak jobs data raises concerns that the economy is falling apart.
$BTC
Five consecutive days. Five major U.S. catalysts.
And each one could completely change what the market expects from the Federal Reserve.
$ETH
Monday: ISM Services PMI index, expected around 55.7, with services inflation still elevated.
$GIGGLE
Tuesday: ADP employment, another key test to see whether the U.S. labor market has finally started to break down.
Wednesday: FOMC meeting minutes, and the market will be looking for any signal about how aggressive the Federal Reserve will be from here onward.
Thursday: Jobless claims—another direct read on whether layoffs are starting to accelerate.
Friday: Michigan inflation expectations, after the one-year outlook jumped to 4.6%.
Conditions are turbulent as hot inflation data keeps rate-hike fears alive, while weak jobs data raises concerns that the economy is falling apart.
