We have another big week ahead on the Financial News side. Some things to watch.
Fed Meeting (June 17–18): Hold expected at 4.25–4.50%; markets pricing in one cut for 2025 right now. Cautious guidance likely, looking for a dovish tone otherwise equities likely range bound.
U.S. Retail Sales (June 17): Flat expected; weak data supports Fed caution, upside could spark equities rally. It would impact consumer stocks plus reinforce current tight monetary policy.
BOJ (June 17): Policy steady; Yen likely stays weak.
BOE (June 19): Hold at 4%; August rate cut in play, GBP/gilts stable.
SNB (June 19): Expected rate cut, CHF weakness likely.
G7 Summit (ending June 17): Trade clarity or geopolitical easing could boost market confidence. Japan<>US didn’t reach deal, optimism in US<>Canada. But need some deals to properly close.
Middle East tensions: Watch oil volatility, sustained high oil reinforces inflation risks, favoring gold/treasuries. Plus use Oil futures as gauge for what the market thinks will happen.
Quad Witching (June 20): Expect elevated volatility Friday afternoon. Lots of options expiring.
China Data & PBOC Liquidity: Mixed industrial/retail data; track liquidity moves for EM/commodity signals.
Personally, not rushing into anything. Spot is easy. I want to lever, none of this impacts $150K+ BTC, $5K+ ETH and $100+ Hype, but it does create a lot of noise short term.
PS: Nancy Pelosi bought a bunch of defense stocks. What does she know !?!!
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