U.S. markets are at record highs, ignoring tariff noise from the Trump administration. Next week holds several key economic events.
Powell's Speech and Earnings Reports
Federal Reserve Chair Jerome Powell's speech in Washington is set for Tuesday. He is expected to discuss inflation trends, labor market resilience, and key interest rates. On the same day, earnings reports from companies such as Coca-Cola, Lockheed Martin, and General Motors are anticipated.
Economic Indicators and Expectations
Inflation indices continue to add complexity to the macroeconomic picture. The latest report revealed a CPI increase of 2.7% year-over-year, surpassing the anticipated 2.6%. This data intensifies pressure on the Federal Reserve amid upcoming decisions on interest rates.
Crypto Market on the Rise
The cryptocurrency market is also showcasing positive trends, with Bitcoin reaching a new ATH above $123K, and Ethereum increasing by 24% over the past seven days. This growth is occurring against a backdrop of optimism related to forthcoming corporate earnings.
As key economic events and corporate reports approach, markets display optimism. Investors are closely monitoring direction changes in both traditional assets and digital currencies.
