🚀Buckle up, BTC enthusiasts! A busy week is on the horizon in the US economic calendar, with key inflation data and minutes from the March Federal Reserve meeting due. Keep your eyes peeled for the Core Consumer Price Index (CPI) figures - a leading inflation indicator. 📊

📆On the agenda this week: March CPI Inflation data and Fed Meeting Minutes on Wednesday, March PPI Inflation data and Initial Jobless Claims data on Thursday, and MI Consumer Sentiment data on Friday. Not to mention a total of 8 Fed speaker events! 🎙️

The CPI report, due on Wednesday, reflects price trends in the economy and directly impacts the Federal Reserve's policy rate decisions. The figures are expected to dip slightly, according to Market Watch. 📉

Thursday will bring March's Producer Price Index (PPI) report, reflecting input prices for producers and manufacturers. This index measures the costs of producing consumer goods, affecting retail pricing and acting as a good pre-indicator of inflationary pressures. 🏭

Friday will see the release of April's Michigan Consumer Sentiment Index and preliminary Consumer Inflation Expectations reports. These reports reveal consumer confidence levels and views of long-term inflation, directly impacting spending, which contributes around 70% of the country's GDP. 💰

The March Fed FOMC meeting minutes are due on Wednesday, and several central bank speeches are scheduled for this week. Fed policymakers, including Chair Jerome Powell, are not convinced that inflation has subsided and will be looking to these reports for evidence. 🏦

🔍Crypto Market Outlook: Crypto markets have remained relatively stable, with total capitalization at $2.71 trillion on Monday morning in Asia. Bitcoin had a brief spike of over $70,000 on Sunday but quickly retreated back to $69,500. Ethereum has gained 1% on the day to reach $3,420 at the time of writing. The altcoins are mostly in the red this Monday morning. 📈

Stay tuned for more updates! 🚀🌕