The Easter weekend offered little respite for markets, and no trade deals were announced. Meanwhile, US President Donald Trump published a \u201cnon-tariff cheating\u201d list, stating that those who criticize tariffs are \u201cbad at business.\u201d<\/p>\n
The notable drop in consumer sentiment and a surge in household inflation expectations are indicative of the turbulent economic weather that lies ahead if the situation continues.<\/p>\n
Federal Reserve Chair Jerome Powell also contributed to the dampening investor sentiment, criticizing Trump\u2019s tariffs, while the POTUS hit back, threatening to fire<\/a> the central banker.<\/p>\n This week\u2019s economic data and consumer sentiment reports could further influence central bank monetary policy if there are big swings. \u201cAll signs point to more volatility this week,\u201d said the Kobeissi Letter.<\/p>\n The first major reports of the week are on Wednesday, when the Global Services and Manufacturing PMI data is released. This data provides leading economic indicators used by economists and analysts to gain insights into changing economic conditions.<\/p>\n March\u2019s Durable Goods Orders report is due on Thursday, measuring the cost of orders received by manufacturers for durable goods, such as vehicles and electrical appliances. Big ticket items such as these are more susceptible to economic changes and are tied to consumer sentiment.<\/p>\n April\u2019s Consumer Sentiment Index and Consumer Inflation Expectations reports are due on Friday. These reports portray the results of a monthly survey of consumer confidence levels and consumer views of long-term inflation.<\/p>\n Key Events This Week:<\/p>\n 1. S&P Global Services\/Manufacturing PMI data \u2013 Wednesday<\/p>\n 2. March New Home Sales data \u2013 Wednesday<\/p>\n 3. March Durable Goods Orders data \u2013 Thursday<\/p>\n 4. March Existing Home Sales data \u2013 Thursday<\/p>\n 5. Total of 8 Fed Speaker Events<\/p>\n 6. ~20% of S&P 500 companies\u2026<\/p>\n \u2014 The Kobeissi Letter (@KobeissiLetter) April 20, 2025<\/a><\/p>\n\n The US can\u2019t escape \u201ca looming wave of inflation,\u201d and the government looks \u201cill-prepared to respond,\u201d said<\/a> Adam Posen, president of the Peterson Institute for International Economics, last week.<\/p>\n The Fed has been \u201ctoo loose\u201d with monetary policy, which is contributing to inflation risk, he opined before adding, \u201cIf we get inflation, the Fed will be behind the curve,\u201d implying further rate hikes.<\/p>\n Additionally, around 20% of S&P 500 companies, including Tesla and Alphabet (Google), will report earnings this week in what could be a tough quarter<\/a> for big tech.<\/p>\n Crypto markets have started the week in the green with Bitcoin leading the pack as usual. Total capitalization is around $2.84 trillion as BTC reclaimed $87,000 for the first time since late March.<\/p>\n Analysts have said that Bitcoin has broken out of a falling wedge pattern, which could see the reversal of a three-month downtrend.<\/p>\n Ethereum<\/a>, XRP, and Binance Coin registered minor gains, but Bitcoin was leading the markets this Monday in Asia.<\/p>\n The post 3 Things That Could Impact Crypto Markets in The Week Ahead<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The Easter weekend offered little respite for markets, and no trade deals were announced. Meanwhile, US President Donald Trump published a \u201cnon-tariff cheating\u201d list, stating that those who criticize tariffs are \u201cbad at business.\u201d The notable drop in consumer sentiment and a surge in household inflation expectations are indicative of the turbulent economic weather that […]<\/p>\n","protected":false},"author":0,"featured_media":45089,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-60694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/60694"}],"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=60694"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/60694\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/45089"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Economic Events April 21 to 25<\/h2>\n
Crypto Market Outlook<\/h2>\n