
{"id":22096,"date":"2024-11-20T14:58:37","date_gmt":"2024-11-20T14:58:37","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=22096"},"modified":"2024-11-20T14:58:37","modified_gmt":"2024-11-20T14:58:37","slug":"the-week-ahead-key-events-market-moves","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=22096","title":{"rendered":"The Week Ahead: Key Events &amp; Market Moves"},"content":{"rendered":"<p>\ud83d\udd25 Nvidia Earnings &amp; UK CPI in\u00a0Focus<\/p>\n<p>Tech spotlight on Nvidia\u2019s results Wednesday night. Expected revenue: $33.2bn, EPS: $0.74. With the stock down 5% last week, Nvidia needs strong numbers and an optimistic outlook to revive the tech rally. Brace for volatility\u200a\u2014\u200aan 8.78% post-earnings move is on the cards! \ud83d\udcbb\ud83d\udcca<br \/>UK CPI (Wednesday): Inflation expected to rise to 2.2% YoY, driven by higher energy costs, while core inflation could dip slightly to 3.1%. Markets will watch if this alters BOE\u2019s February rate cut timeline. \ud83d\udd0d\ud83d\udcb7<br \/>\ud83d\udcb9 The Trump Trade: Markets\u00a0React<\/p>\n<p>Stocks slumped last week\u200a\u2014\u200aS&amp;P 500 down 2%, Nasdaq off 3%. Tech and mid-caps bore the brunt as uncertainty around Trump\u2019s economic plans grows. \ud83d\udcc9<br \/>Bitcoin soars \ud83d\ude80, hitting a fresh high of $92,000, up $3,000 this week. The rally was fuelled by RFK Jr. calling bitcoin the \u201ccurrency of freedom.\u201d Now the big question: can it breach the $100K mark before Trump\u2019s potential return to power? \ud83d\udcb8\ud83d\udc8e<br \/>\ud83d\udcb5 Currency Market\u00a0Trends<\/p>\n<p>USD strength persists, with GBP\/USD below $1.2650 and EUR\/USD at $1.0550. Markets are eyeing the Fed\u2019s December meeting for potential hawkish signals.<br \/>USD\/JPY reversed Friday\u2019s gains as the BOJ stayed cautious, with Governor Ueda offering no signs of rate hikes. Yen upside looks capped for now. \ud83c\udfaf<br \/>\ud83c\udf0d Geopolitical Spotlight<\/p>\n<p>China pushes back: Xi sets red lines on Taiwan, tariffs, and democracy ahead of the G20. A US-China trade clash looms, adding to global risks. \ud83d\udc09<br \/>Ukraine conflict: Biden\u2019s support for Ukrainian counterattacks complicates Trump\u2019s peacekeeper positioning.<br \/>Oil prices steady around $71.30 as markets weigh geopolitical tensions and global growth outlooks. \ud83d\udee2\ufe0f<br \/>\ud83d\udcc8 What Else to\u00a0Watch<\/p>\n<p>US housing data: Expected slowdown in housing starts could hint at easing shelter price inflation in the months ahead.<br \/>November PMIs: Key readings from the UK, US, and Eurozone will give clues about Q4 economic momentum.<br \/>It\u2019s a big week for markets, with tech earnings, inflation data, and bitcoin\u2019s incredible rally setting the stage for potential volatility. Keep an eye out!\u00a0\ud83d\udc40\ud83d\udcca\ud83d\udcb9<\/p>\n<p><a href=\"https:\/\/medium.com\/coinmonks\/the-week-ahead-key-events-market-moves-fe03c26584d7\">\ud83d\udcc5 The Week Ahead: Key Events &amp; Market Moves<\/a> was originally published in <a href=\"https:\/\/medium.com\/coinmonks\">Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":"<p>\ud83d\udd25 Nvidia Earnings &amp; UK CPI in\u00a0Focus Tech spotlight on Nvidia\u2019s results Wednesday night. Expected revenue: $33.2bn, EPS: $0.74. With the stock down 5% last week, Nvidia needs strong numbers and an optimistic outlook to revive the tech rally. Brace for volatility\u200a\u2014\u200aan 8.78% post-earnings move is on the cards! \ud83d\udcbb\ud83d\udccaUK CPI (Wednesday): Inflation expected to [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-22096","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22096"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22096"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22096\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}