Bitcoin (BTC) Week Ahead: Focus on Powell's Testimony, U.S. Core PCE Data as Trump's Tariff Deadline Looms

Bitcoin Week Ahead: Focus on Powell's Testimony_ U.S. Core PCE as Tariff Deadline Looms

Friday's core PCE release is likely to show price pressures easing, but there is a fix. ...

Trump's 'impossible' trade deal deadline looms over world leaders

President Donald Trump‘s trade war rages on as he’s set to huddle with world leaders in Europe this week, with a major deadline looming. Trump announced a 90-day pause on his “Liberation Day” tariffs on April 9, which means he has less than three weeks to strike trade deals affecting more than 80 countries ahead of the July 9 deadline, including with the European Union. “It’s impossible,” said Paul Sracic, an adjunct fellow at the Hudson Institu…

Bitcoin (BTC) Week Ahead: Focus on Powell's Testimony, U.S. Core PCE Data as Trump's Tariff Deadline Looms

Friday's core PCE release is likely to show easing of price pressures, but there is a fix.

Fading haven demand sees the dollar sink - Monex Canada

CAD While central bank speak is in the spotlight elsewhere in the world today, for loonie traders, Canadian CPI data released this afternoon is likely to be key for USDCAD trading. Markets expect to see both core median and core trim CPI growth slow to 3.0% YoY, down from 3.2% and 3.1% respectively in April. We, however, see upside risks stemming from tariff impacts and trade disruption. That in turn leaves us biased towards expecting a further …

Powell, PCE, and Ceasefire Risks Fuel High-Stakes Macro Week - Bitcoinsensus

The upcoming week is set to have important macroeconomic events that could shape crypto sentiment moving forward. This week, however, will likely be a tad different from the previous. While pre-scheduled economic prints will still hold weight and help us assess things like inflationary pressures and unemployment in the U.S. — the reports involving the U.S.-Israel /  Iran conflict are far more likely to shape markets in the short term.  For insta…

Bitcoin Week Ahead: Focus on Powell's Testimony, U.S. Core PCE as Tariff Deadline Looms

The calm in the oil market following the U.S. airstrike on Iran’s nuclear sites has dashed the forecasts of bears who predicted a slide in the price of bitcoin . With this in mind, traders can look to the week’s major events that could affect markets. Federal Reserve Chairman Jerome Powell’s semi-annual monetary policy testimony... The post Bitcoin Week Ahead: Focus on Powell’s Testimony, U.S. Core PCE as Tariff Deadline Looms appeared first on …