Last week was a brutal one for crypto markets, with losses extending into the weekend.
A raft of employment data out of the US didn’t prevent stock markets from falling either, as ‘Slumptember’ lives up to its name. This week will be heavy on inflation data with additional reports on jobless claims.
“This is the final week of inflation data before the long-anticipated September Fed meeting,” noted the Kobeissi Letter.
Economic Events Sept. 9-13
Wednesday will see August’s Consumer Price Index (CPI) report, which is one of two key inflation indicators used by the central bank. The data reflects price trends in the economy and shapes consumer spending so it is closely watched by Fed policymakers as it will impact rate decisions.
The August Producer Price Index (PPI) report will be released on Thursday, which reflects input prices for producers and manufacturers. It is also a pre-indicator of inflationary pressures as it measures the costs of producing consumer goods, makin
We współpracy z: https://cryptopotato.com/3-things-that-could-influence-crypto-markets-this-week/
