✅ Important events this week

🗓 Tuesday (July 9).

🇺🇸 Fed Chairman's speech

🗓 Wednesday (July 10)

🇺🇸 Fed Chairman's speech

🗓 Thursday (July 11)

❗️ Consumer Inflation

🗓 Friday (July 12)

❗️ Industrial inflation

➡️ A number of insiders are expecting news on the launch of ETH ETFs this week, with issuers filing updated Form S1-s today

✅ Commentary: 

Fed Head will be speaking for two consecutive days, we will be watching his rhetoric closely, and volatility may be elevated. 

On Friday and Thursday - inflation (CPI) and (PPI) data will be released, based on better-than-expected labor market data, there is a high probability of a decline in inflation rates 

If inflation declines significantly - this could be the catalyst for a market reversal to the upside.

It will also increase the chance of a Fed rate cut at the (unlikely) meeting in late July or September.

Overall, this data will set the market sentiment for the next month.