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💰 Rewards
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1⃣️ Follow Gate_Square
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📌 Notes
Hashtag #MyCryptoFunnyMoment is requi
Tomorrow, several important economic data will be released, so coin players should pay attention.
At 9 AM, Powell will speak—when the head of the Federal Reserve speaks, the market has to listen closely. At 3 PM, the UK November housing price data will be released. The main event at 6 PM: the Eurozone November inflation data (year-on-year and month-on-month) will be released together, along with the October unemployment rate.
Inflation numbers are crucial. If CPI remains high, the European Central Bank may maintain a hawkish stance; if the data cools down, expectations for interest rate cuts next year will rise. These will all affect the liquidity in the crypto market.
At 11 PM, Federal Reserve Governor Bowman will have a testimony. At 5:30 AM (Wednesday), the US crude oil inventory data will be released - changes in energy prices will also affect the sentiment of risk assets.
In summary, there will be a lot of macro news tomorrow, and volatility may increase. If you are trading short-term, it is advisable to keep a close eye on these several time windows.