7/6 The US ADP data for June was released. This data is a survey of the employment population in the US private non-agricultural sector, commonly known as small non-agricultural. The current forecast value is 18. If the published value is greater than the expected value, it indicates that the US economy is better, which will stimulate the US dollar index and make monetary policy more relaxed, which is good for the crypto market. Otherwise, it will be bad.
7/7 The US unemployment rate for June was released. This is one of the items in the US employment report. The data comes from the current proportion of unemployed people in the US labor force. The current expectation is 3.7. If the published value is greater than the expected value, how does it mean that the current US economy is cross-cutting, stimulating the US dollar index to fall, and the year-on-year will stimulate the crypto market.
7/7 The U.S. non-farm data for June was released, which is also an important data in the U.S. employment report. The data will directly indicate the current changes in the U.S. non-agricultural employment population. The current expected value is 20. If the announced value is greater than the expected value, it directly indicates that the U.S. economy is better, stimulating the U.S. dollar index to rise. At the same time, the resulting monetary easing policy is also good for the crypto market.
7/12 US June CPI data, there are two data here, one is the monthly rate released at the end of June, and the other is the unadjusted annual rate released in June. CPI is the US consumer index, divided into monthly rate and annual rate, which directly shows the current US inflation rate and is one of the core indexes for evaluating the US inflation rate. There is no expected value at present. If the published value is greater than the expected value, it will stimulate the strengthening of the US dollar index, and the relatively active financial atmosphere will also drive the activity and rise of the cryptocurrency market.
7/27 The US Federal Reserve's interest rate decision (upper limit) on July 26. The US federal government decides the rise and fall of the federal aggressive interest rate, which can directly show the good or bad of the US economy. The current expected value is 5.25%. If the interest rate is raised, it will directly indicate that the US economy is better, which is good for the US dollar index. However, the increase in the federal funds rate may attract many investors to shift their investment targets, which is relatively bearish for the cryptocurrency market and will be sucked blood.
7/28 The June core PCE price index of the United States is a value that shows the personal consumption capacity of the United States and is also a core indicator for measuring the private inflation rate of the United States. The long-term target of PCE was set at 2% by the United States in 2012. If the data is higher than 2%, it will stimulate the dollar to explode, but the relative policy tightening will suppress the investment market in disguise. If it is lower than expected, it will stimulate policy easing and is also good for the investment market. According to the previous value, this value will most likely be higher than the long-term expectation of 2%.
In fact, through the above data, we can see that many news are relative to the crypto market, and not static. Don’t go short when you see bad news, and go long when you see good news. You should decide based on the current macroeconomic situation and the crypto market situation. For the current crypto market, market sentiment has just been ignited, and the entry of big dealers will lead to market expansion and increased enthusiasm. In a bullish trend, bad news will not bring obvious volatility. On the contrary, good news will stimulate the market. These data are the data minutes for the whole of July. At present, our expectations are still full of uncertainties.
Based on the time point of each data, I will make decisions and judgments based on the specific situation at that time!
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