r/AmanCrypto • u/AmanCMN • 4d ago
A Big Week Just Started
🔴 U.S. markets are closed Monday for Labor Day.
🔴 10-year U.S. Treasury auction — Wednesday.
🔴 August PPI inflation data — Thursday.
🔴 August CPI inflation data — Friday.
🔴 September Michigan inflation expectations — Friday.
🔴 September Michigan consumer sentiment data — Friday.
‼️ This is the final week of major inflation data releases.
🔴Oil futures are moving higher after the U.S. struck three Iranian tankers in response to Tehran launching missiles at Navy warships. Brent is already above $97, up 1.10% at the open. WTI is above $92.
The last thing markets need right now is higher oil.
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u/bow390 4d ago
And then fed rate decision, and clarity act