🛍️ American retail data drives markets again
The release of retail sales data in the United States cast a strong shadow over global market movements, particularly in the crypto and stock markets. The number was surprising — either above or below expectations — and in both cases, the reaction was quick and direct.
📉 What do negative data mean?
If the data comes in lower than expected, this indicates a slowdown in consumer spending, which may prompt the Federal Reserve to soften its tone on interest rate hikes. The result? Markets see it as a positive signal and begin to rebound.
📈 However, if it comes in stronger than expected...
This reinforces the likelihood of inflation remaining high, thus continuing the pressure on markets, especially high-risk assets like cryptocurrencies.
💡 Why do we care about this data?
Because it is a direct indicator of the strength of the American economy, which controls the market mood as a whole. Bitcoin, Ethereum, stocks, and even gold — all react immediately to these reports.
👁️ Continuous monitoring of macroeconomic data is essential in the trading world.
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