🔥IMPORTANT🔥
KEY WEEK: THE DATA THAT WILL DECIDE WHETHER THE FED KEEPS RAISING RATES
👀 With the 10-year bond at 5.18% and a 70% chance of a rate hike in October, every piece of data matters.
What should you watch this week⁉️
👉 On Monday: Bank of Japan minutes
▪️ If they confirm they won’t raise the rate, the risk of the carry trade decreases, which is positive for financial markets.
👉 On Wednesday: PCE inflation and Q2 GDP
▪️ PCE is the FED’s favorite inflation data: in July it came in at 3.7% headline and 3.3% core.
▪️ A PCE lower than expected would be positive for financial markets, as it reduces the chances that the FED will raise rates
▪️ A strong GDP would give the FED more room to keep raising
👉 On Friday: the September employment report
▪️ A strong job market strengthens the case for more rate hikes, which would be negative for financial markets
📍 Less inflation and a weaker labor market would reduce the chances of a rate hike, which would be positive for financial markets
Which data do you think will move the market more? $BTC
$NVDAB
KEY WEEK: THE DATA THAT WILL DECIDE WHETHER THE FED KEEPS RAISING RATES
👀 With the 10-year bond at 5.18% and a 70% chance of a rate hike in October, every piece of data matters.
What should you watch this week⁉️
👉 On Monday: Bank of Japan minutes
▪️ If they confirm they won’t raise the rate, the risk of the carry trade decreases, which is positive for financial markets.
👉 On Wednesday: PCE inflation and Q2 GDP
▪️ PCE is the FED’s favorite inflation data: in July it came in at 3.7% headline and 3.3% core.
▪️ A PCE lower than expected would be positive for financial markets, as it reduces the chances that the FED will raise rates
▪️ A strong GDP would give the FED more room to keep raising
👉 On Friday: the September employment report
▪️ A strong job market strengthens the case for more rate hikes, which would be negative for financial markets
📍 Less inflation and a weaker labor market would reduce the chances of a rate hike, which would be positive for financial markets
Which data do you think will move the market more? $BTC
$NVDAB
