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Bitcoinsensus

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Watch These Economic Prints for Market Signals

  • U.S. bond market experiencing heightened volatility due to Moody’s downgrade of U.S. credit rating, putting pressure on Fed for potential interest rate cuts.
  • Senate to revisit GENIUS Act affecting stablecoin regulations, impacting future of stablecoin issuance.
  • UK's Office for National Statistics to release consumer price data on Wednesday, with forecasts suggesting a potential uptick in consumer price growth.
  • Investors to monitor jobless claims reports and S&P Global Manufacturing PMI in the U.S. for insights into employment trends and economic activity, respectively.

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