🔥ATTENTION🔥
IF THEY ARE NOT SUSPENDED, THIS DATA FOR THE COMING WEEK WILL IMPACT THE FED'S INTEREST RATE DECISION AND THE FINANCIAL MARKETS
-Taking into account that THEY SUSPENDED the employment report for October and moved the one for November to 12/16 (after the interest rate decision)
-Taking into account that THEY SUSPENDED the publication of the GDP for Q3
-Taking into account that THEY SUSPENDED the publication of the CPI
What data from next week will the FED use to guide its interest rate cut⁉️
👉On Tuesday, the PPI INFLATION will be released. It is expected to rise from -0.1% to 0.3%
👉On Wednesday, the PCE INFLATION will be released. It is expected to STAY at 0.2%
👉This data in itself is important, but considering the FEW DATA we will have, it may become much more relevant
👀For now, the odds of an interest rate CUT are 71%.
👀It is key to keep in mind that there are still several days left and that the VOLATILITY in interest rate futures was really high last week (from 27% to 70% in 1 day)
📍A LOWER than expected INFLATION could be POSITIVE for #Bitcoin, #crypto, and the financial markets, as this is what the FED needs to cut the rate
📍The suspension of data in the U.S. is something VERY unusual and typical of a third-world country... It is NOT positive for the financial markets. Let's hope that the publication of the CPI and PPI is not suspended.
