Bitcoin course: The week of decisions

The week of decisions starts on Tuesday with a leading indicator: the quarterly figures from UPS. The well-being of this parcel delivery service is seen as a harbinger for Amazon, Ebay but also Apple. Amazon, Apple and Alphabet in turn announce their own quarterly figures on Thursday and as absolute index heavyweights for the S&P 500 and NASDAQ they set the direction. In addition, a high correlation with the crypto sector can currently be assumed, which can be pulled up or down as a result.
One day earlier, on Wednesday, Meta delivered its figures for Q4. Badly hit in 2022, the Metaverse pioneer has seen a slight recovery in recent weeks. Will this continue?

Interest rates and the labor market

The most important date in terms of financial policy will also take place on Wednesday. At 8 p.m. German time, the Fed will announce its interest rate decision. The forecast of the market experts reaches an almost unique value, which BTC-ECHO market expert Stefan Lübeck discusses with moderator Peter Büscher, like all other topics mentioned. This week will then be rounded off with the NFP numbers on Friday. It’s going to be exciting – listen!

source site-52