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Bitcoin Rally Expected Once Price Breaks $69,500 – FOMO Likely?
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DOT, POL, XRP, ADA face a tough rival expected to rise from $0.03 to $15 by end of 2024
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China August: Retail sales +2.1% y/y (expected +2.5) Industrial production +4.5% y/y (4.8)
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ECB Lowered Main Deposit Rate by 0.25% as Expected, Growth Forecasts Downgraded
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Mexico’s commercial vehicle sales expected to hit record in 2024 By Reuters
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PBOC is expected to set the USD/CNY reference rate at 7.1198 – Reuters estimate
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Oil – private survey of inventory shows a headline crude oil draw vs. build expected
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Japan data – July household spending +0.1% y/y (expected +1.2%)
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UK August construction PMI 53.6 vs 54.9 expected
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Australian July Trade Balance is a surplus of AUD 6.009bn (expected 5.15bn)
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