4 Things That Could Further Impact Crypto Markets in Week Ahead
The backlog of United States economic data is still rolling out this week as crypto markets start the month in the red following another big Bitcoin crash.
The focus this week is on labor markets and backdated PMI reports, with September’s PCE inflation report also due.
Investor outlook mostly improved last week as rate-cut expectations firmed, with CME futures pricing an 87% chance of a rate cut on December 10.
Meanwhile, President Trump says he has decided who will be the next Federal Reserve Chair, and he will announce it “soon.”
Economic Events Dec. 1 to 5
November’s ISM Manufacturing PMI data is due on Monday, providing an indication of the US…
