Chang‘s Thought(2024.01.30): A Week to Pay Attention to Macro Events
Market As in last week’s analysis, BTC rebounded nicely from the 38k-39k level! BTC rose to near 43k and then returned to the important level of 42k. Since many important…
Market As in last week’s analysis, BTC rebounded nicely from the 38k-39k level! BTC rose to near 43k and then returned to the important level of 42k. Since many important…
Last Friday, the US economic data was strong, with the overall core PCE in December increasing by 0.17% month-over-month, and existing home sales recording one of the strongest monthly increases…
Markets ended last week on more robust US data with headline core PCE coming in at 0.17% MoM in December, though core-services remained strong at 0.28% excluding housing. Personal income…
Thanks to strong government and personal consumption expenditure as well as the growth in inventories and exports, the GDP data released by the United States on January 25th recorded 3.3%,…
The ECB kept rates on hold for the 3rd straight meeting, though President Lagarde managed her own dovish pivot with a couple of key omissions and new statements. The ECB…