MATIC- Updated Levels
MATIC will follow BTC.
Bitcoin will follow the Markets:
The busiest week of the year for investors is here.
(finance.yahoo.com/news/fed-tech-earnings-weekly-preview-july-25-194451575.html)A jam-packed week of market-moving developments awaits traders in the coming days, headlined by the Fed, tech earnings, and key economic data.
The Federal Reserve's latest policy meeting is set to take place this coming Tuesday and Wednesday, July 26-27, with the central bank expected to raise interest rates another 75 basis points.
On the earnings side, some of the S&P 500’s most heavily-weighted components — including Microsoft (MSFT), Alphabet (GOOGL), Meta Platforms (FB), Apple (AAPL), and Amazon (AMZN) — are among more than 170 companies scheduled to report second-quarter results through Friday.
Also in the spotlight will be Thursday's advance estimate of second quarter GDP as market participants continue to debate whether a recession is already underway. Economists expect this report to show the U.S. economy grew at an annualized pace of 0.5% last quarter, according to estimates from Bloomberg.
Professor says:
- Slightly Positive GDP expected. That means: NO RECESSION announced! 💹
-Rate Hikes are NOT expected to go to even 4% (CME projections for end of 2023!) ✅
Overall, no FUD! Maybe even time to buy but wait for charts because remember:
CHARTS DON'T LIE! 🙏💹
One Love,
the FXPROFESSOR🦉💙
Bitcoin will follow the Markets:
The busiest week of the year for investors is here.
(finance.yahoo.com/news/fed-tech-earnings-weekly-preview-july-25-194451575.html)A jam-packed week of market-moving developments awaits traders in the coming days, headlined by the Fed, tech earnings, and key economic data.
The Federal Reserve's latest policy meeting is set to take place this coming Tuesday and Wednesday, July 26-27, with the central bank expected to raise interest rates another 75 basis points.
On the earnings side, some of the S&P 500’s most heavily-weighted components — including Microsoft (MSFT), Alphabet (GOOGL), Meta Platforms (FB), Apple (AAPL), and Amazon (AMZN) — are among more than 170 companies scheduled to report second-quarter results through Friday.
Also in the spotlight will be Thursday's advance estimate of second quarter GDP as market participants continue to debate whether a recession is already underway. Economists expect this report to show the U.S. economy grew at an annualized pace of 0.5% last quarter, according to estimates from Bloomberg.
Professor says:
- Slightly Positive GDP expected. That means: NO RECESSION announced! 💹
-Rate Hikes are NOT expected to go to even 4% (CME projections for end of 2023!) ✅
Overall, no FUD! Maybe even time to buy but wait for charts because remember:
CHARTS DON'T LIE! 🙏💹
One Love,
the FXPROFESSOR🦉💙
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🌐 Public Telegram: t.me/fxprofessor88
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