🔥ATTENTION🔥

IF THEY ARE NOT SUSPENDED, THIS DATA FOR THE COMING WEEK WILL IMPACT THE FED'S INTEREST RATE DECISION AND THE FINANCIAL MARKETS

-Considering that THEY SUSPENDED the October employment report and moved the November one to 16/12 (after the interest rate decision)

-Considering that THEY SUSPENDED the publication of Q3 GDP

-Considering that THEY SUSPENDED the publication of CPI

What data from next week will the FED use to guide itself regarding the interest rate cut⁉️

👉On Tuesday, the PPI INFLATION will be announced. It is expected to rise from -0.1% to 0.3%

👉On Wednesday, the PCE INFLATION will be announced. 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 chances of an INTEREST RATE CUT are at 71%.

👀It's crucial 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 it is what the FED needs to cut the rate