While the selling pressure in Bitcoin and crypto money markets continues to reduce its effect, global markets are preparing for a week with a busy agenda.
From Monday to Friday, a lot of data on the US economy will be released. You can see the data to be announced day by day in the continuation of the news.
A critical Fed meeting will also be held among these data. The US monetary policy board is expected to announce the final decisions of the year on Wednesday, December 15th at 22.00 TSI. After the latest inflation data from the FED, which started to reduce its asset purchases as of November, it will be followed whether it is a hawk or a pigeon.
While it is curiously awaited whether the FED, faced with the highest inflation data of the last 39 years, will pull the interest rate hike weapon early, the signals to be given will be decisive in terms of the direction of the markets.
Although the FED, which has not yet completed its asset purchase reduction program, is not expected to increase interest rates at this meeting, the messages to be given will be followed closely.
FED Chairman Powell, who will be in front of the cameras at 22.30 with TSI, will follow the statements regarding inflation, asset purchases and interest rate hikes.
Here’s the data coming from the US side this week (Source: Investing)
*Not Investment Advice.