The market is about to change tonight, so fasten your seatbelts.
A wave of economic data is about to be released, and the current market is eerily quiet. The main focus is on the core PCE, with market expectations at 2.9%—as long as there’s no nasty surprise, the rate cut narrative will continue to ferment, and $BTC might seize the opportunity to push to new highs.
But don’t celebrate too soon. What if the data comes in at 3.0%? In that scenario, the market could tank in an instant. Expectation gaps have always been a risky game.
Besides PCE, keep an eye on Canada’s employment data and US personal spending—these indicators combined are basically the global capital flow weathervane. If they loosen, assets can rise; if they tighten, expect a sell-off. There’s no middle ground.
I’ll be monitoring the market all night and will share the latest analysis as soon as possible. The market is about to move, so be prepared.
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The market is about to change tonight, so fasten your seatbelts.
A wave of economic data is about to be released, and the current market is eerily quiet. The main focus is on the core PCE, with market expectations at 2.9%—as long as there’s no nasty surprise, the rate cut narrative will continue to ferment, and $BTC might seize the opportunity to push to new highs.
But don’t celebrate too soon. What if the data comes in at 3.0%? In that scenario, the market could tank in an instant. Expectation gaps have always been a risky game.
Besides PCE, keep an eye on Canada’s employment data and US personal spending—these indicators combined are basically the global capital flow weathervane. If they loosen, assets can rise; if they tighten, expect a sell-off. There’s no middle ground.
I’ll be monitoring the market all night and will share the latest analysis as soon as possible. The market is about to move, so be prepared.