US Economic Calendar and Crypto Market Analysis ๐
Welcome to this weekโs analysis of the US economic calendar and crypto market outlook. Stay informed about key events impacting the financial world and the latest trends in the crypto market. Letโs dive in!
US Economic Calendar Preview ๐
Get ready for a busy week ahead with crucial economic data releases and events that could shape market movements:
- Core Consumer Price Index (CPI) figures due out
- Q1 2024 earnings season kickoff with reports from leading banks
- March CPI inflation data on Wednesday
- Fed meeting minutes also on Wednesday
- March PPI inflation data on Thursday
- Initial Jobless Claims data on Thursday
- MI Consumer Sentiment data on Friday
Key Economic Indicators to Watch ๐
Understand the significance of these key economic indicators and how they can impact the financial markets:
- Core CPI data as a leading inflation indicator
- PPI report reflecting input prices for producers
- Consumer Sentiment Index affecting spending behavior
- March Fed FOMC meeting minutes for policy insights
Crypto Market Overview ๐
Stay up to date with the latest updates from the crypto market and current trends:
- Total crypto market capitalization at $2.71 trillion
- Bitcoin fluctuating around $69,500 after a brief spike
- Ethereum reaching $3,420 with 1% gain
- Altcoins seeing mixed performance with Solana and Litecoin under pressure
Owen Patter is a distinguished crypto analyst, accomplished researcher, and skilled editor, leaving a notable imprint on the cryptocurrency landscape. As a proficient crypto analyst and researcher, Owen delves into the intricate realms of digital assets, offering insights that resonate with a diverse audience. His analytical acuity is harmoniously paired with adept editorial skills, allowing him to transform complex crypto information into easily comprehensible content.