Master Ye takes you to break down this week’s market行情—September’s first week is already getting a bit unsettling.
Over the weekend, tensions suddenly flared up again in the Middle East. Activity took place near the Strait of Hormuz, oil prices strengthened again, and inflation expectations were pushed higher.
Bitcoin (the big pie) also saw a rapid sell-off in the morning session.
Tuesday | ISM Manufacturing PMI
First, let’s see whether the economy is truly strong. If the data is strong, tightening expectations are likely to heat up; if the data is weak, the market will instead price in easing.
Wednesday | ADP Employment
This is the warm-up ahead of Friday’s Non-Farm Payrolls. Strength or weakness will directly affect how the market judges employment.
After converting to Beijing time, ADP will be released late Wednesday night.
Thursday | Initial Claims + ISM Services PMI
Employment and the services sector will come out together—then we can get a pretty clear read on the economy’s “temperature.”
Friday 20:30 | US August Non-Farm Payrolls
This is the real headline act for the week.
July’s employment data was on the weaker side, and earlier figures were also clearly revised down. If this Non-Farm Payroll report brings another surprise, September policy expectations are likely to be repriced again quite easily.
Also, procedural voting on the CLARITY Act on September 15 is drawing nearer. Current market pricing is still somewhat cautious. The fact that expectations keep flipping back and forth can itself amplify volatility in the crypto market.
This week, Brother Ye only focuses on three things: geopolitics, employment, and liquidity.
In the same market, some people are led around by the news, while others have already calculated the key levels in advance.
Markets are never afraid of big moves—what they fear is when you don’t have a plan.$BTC
#BTC走势分析
Over the weekend, tensions suddenly flared up again in the Middle East. Activity took place near the Strait of Hormuz, oil prices strengthened again, and inflation expectations were pushed higher.
Bitcoin (the big pie) also saw a rapid sell-off in the morning session.
Tuesday | ISM Manufacturing PMI
First, let’s see whether the economy is truly strong. If the data is strong, tightening expectations are likely to heat up; if the data is weak, the market will instead price in easing.
Wednesday | ADP Employment
This is the warm-up ahead of Friday’s Non-Farm Payrolls. Strength or weakness will directly affect how the market judges employment.
After converting to Beijing time, ADP will be released late Wednesday night.
Thursday | Initial Claims + ISM Services PMI
Employment and the services sector will come out together—then we can get a pretty clear read on the economy’s “temperature.”
Friday 20:30 | US August Non-Farm Payrolls
This is the real headline act for the week.
July’s employment data was on the weaker side, and earlier figures were also clearly revised down. If this Non-Farm Payroll report brings another surprise, September policy expectations are likely to be repriced again quite easily.
Also, procedural voting on the CLARITY Act on September 15 is drawing nearer. Current market pricing is still somewhat cautious. The fact that expectations keep flipping back and forth can itself amplify volatility in the crypto market.
This week, Brother Ye only focuses on three things: geopolitics, employment, and liquidity.
In the same market, some people are led around by the news, while others have already calculated the key levels in advance.
Markets are never afraid of big moves—what they fear is when you don’t have a plan.$BTC
#BTC走势分析
