🚨 Reminder: The U.S. Purchasing Managers’ Index (PMI) may affect markets today
🇺🇸 At 9:45 a.m. Eastern Time, the preliminary reading of the Manufacturing PMI will be announced. It is an important indicator ahead of the Federal Reserve’s interest rate decision on October 28.
📉 If the index is above 56.0: Potential downward pressure.
⚖️ If the index is between 55.3 and 55.5: Neutral scenario.
📈 If the index is below 55.0: Potential upward momentum.
Bitcoin and other cryptocurrencies may see price volatility
$BTC
$ADA $SUI
🇺🇸 At 9:45 a.m. Eastern Time, the preliminary reading of the Manufacturing PMI will be announced. It is an important indicator ahead of the Federal Reserve’s interest rate decision on October 28.
📉 If the index is above 56.0: Potential downward pressure.
⚖️ If the index is between 55.3 and 55.5: Neutral scenario.
📈 If the index is below 55.0: Potential upward momentum.
Bitcoin and other cryptocurrencies may see price volatility
$BTC
$ADA $SUI