Here's a breakdown of what to watch for this week in stocks, Bitcoin, and inflation:
Stocks:
- Fed Commentary: With the blackout period over, key Fed officials like Neel Kashkari are scheduled to speak. Their comments on the economy and future interest rate decisions will be closely monitored (YouTube).
- Earnings Season Wrap-Up: While earnings season is winding down, reports from major companies like Disney could still impact specific sectors (YouTube).
Bitcoin:
- Market Sentiment: Bitcoin's recent price movements will be scrutinized. Will it continue its upward trend, or will a correction occur?
Inflation:
- Focus on the Data: No major inflation reports are expected this week, but investors will be analyzing recent data and any comments from Fed officials regarding inflation's trajectory.
Overall:
- Interest Rate Bets: The market is currently anticipating potential rate cuts from the Fed later this year. Any shift in this sentiment based on economic data or Fed commentary could impact all three areas (stocks, Bitcoin, and inflation).
Remember: This is just a starting point. It's always wise to stay informed with the latest news and conduct your own research before making any investment decisions.