🚨 #BREAKING 🚨
POWELL ABOUT TO SHAKE THE MARKET 🚨🚨
Tonight at 20:00 CET, the Fed will announce the rate decision. Pretty much everyone is expecting a pause, around 99% probability.
The real action will come from what Jerome Powell says in his speech. Even if big institutions don't hang on his every word like before, he can still spark some serious volatility, especially in crypto.
With inflation heating up again because of the Iran situation and oil climbing towards $90-100, any change in his tone could move the markets.
Later tonight we also have earnings from Microsoft and Nvidia. These top stocks have been carrying almost 40% of the S&P 500's gains lately. If they miss expectations, it could be rough.
For now, I'm holding off on any new trades until after the announcements drop.