A glimpse into the future?

The New Year has already arrived and is preparing surprises for us. Let's open the calendar and see what's in store for us in January.

🟠10 January: US unemployment rate.

It is projected to stay at last month's level of 4.2%. If it's at or below that, the news will be positive.

🟠14 January: US - Producer Price Index

Last week's report showed 0.4% instead of the expected 0.2%. Immediately after the release, markets, including the cryptocurrency market, sagged.

🟠15 January: US - CPI

Last week's report matched expectations at 2.7%. Now everyone is expecting it to be no higher than those numbers, and if that happens - expect growth.