Stock markets are preparing for an avalanche of data from the world’s major economies. It will come at a crucial time in the debate to see whether central banks are raising interest rates when there is only a sharp economic slowdown.
To this we must add to the nerves that the crack of cryptocurrencies is released and everything that can come after the defeat of the characteristics.
You also need to be very familiar with the figures coming from Asia.
Hard or soft landing?
It’s almost certain that the Federal Reserve raise interest rates by 50 basis points at forthcoming meetings. Upcoming data should indicate whether a sharp downturn will give the economy a soft or hard landing.
Forecasts for US retail sales data on Tuesday forecast a 0.7 percent rise in April after a 0.5 percent monthly rise in March.
Signs of the extent of inflation hurting consumers, which show only the slightest signs of moderation, could also appear in Tuesday ‘s results. Walmart, Home Depot and Macy’s.
Friday’s home sales data could show just how rising mortgage rates are cooling the housing market.
The nutritionist’s decision has encouraged inflation to keep up with concerns about a landing. The IS S&P 500 set for the worst year since 2008 – any sign that the economy is keeping up with higher rates would be a relief.
Crack the encryption
Cryptocurrency fans and analysts alike will be watching for a spectacular price fall.
Bitcoin was on the losing streak. Other cryptocurrencies have also struggled, with investors evading dangerous assets as central banks react aggressively to inflation.
The important thing is whether the so – called stables can keep their pins with the dollar and growing investor confidence.
The stablecoin algorithm terraUSD broke a peig and dropped to 30 cents because its complex balancing mechanism associated with another floating signal stopped.
Others, like tether, USD coin, and USD binance, are confident that they will be saved from the fate of terraUSD because their cryptocurrencies are backed by dollar-based asset reserves.
These reserves may come under increasing scrutiny as investors assess whether these coins can handle a wave of swaps.
Asian Pulse
A data pulse in Asia could recalibrate the outlook for regional assets.
Japan it will report data on growth, trade and inflation. If they exceed expectations, even the worst central bank in the world might start thinking of a more neutral position, good news for a fragile yen.
China it will release industrial production, retail sales and house prices, which is probably grim. China also sets benchmark rates, although investors see stability as the most likely outcome.
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