**Important macroeconomic developments of the week**


Last week, investors in global markets agreed that the Fed and the European CBT will continue to tighten their monetary policy until the end of the year. Towards the end of the week, the theme of avoiding risk became widespread.
All eyes will be on US inflation data this week.
US inflation data will be released on Wednesday, July 12, at 15.30. Expectation 3.1%
If the expectation comes true, headline inflation will reach its lowest level in the last 2 years.
Core inflation rate expectation is 5%. If the expectation comes true, it will reach the lowest level of the last 18 months.
Inflation data announced within expectations increases risk appetite and positively affects cryptocurrencies.
The speeches of Fed officials throughout the week will also determine the risk appetite and the direction of the markets. To follow the market closely, you can subscribe to Gate TR Youtube channel and follow our Market Agenda broadcasts.
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Blackpearlvip
· 2023-07-10 19:29
thanks
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SunshineNvip
· 2023-07-10 17:59
thank you 😊
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MTekinvip
· 2023-07-10 17:48
Thanks for the info
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