Next week, a series of important economic data will be released, which will not only affect the US stock market but may also have a ripple effect on the crypto assets market, especially Ethereum (ETH).



The focus on Thursday will be on two key indicators: the number of unemployment claims in the United States and the annualized revised value of Q2 GDP. Unemployment data reflects the health of the job market and directly affects investors' risk appetite. If the GDP revision deviates significantly from expectations, it may trigger stock market volatility.

Friday is a more critical day, as the core PCE price index and consumer confidence index will be released. The core PCE is an inflation indicator that excludes food and energy prices and is regarded by the Federal Reserve as an important basis for assessing inflation trends. The consumer confidence index reflects the public's views on the economic outlook, and both of these data points could influence market expectations and capital flows.

There is a certain correlation between these economic indicators and the crypto assets market. If the data performs positively, it may drive up the US stock market, thereby enhancing the market's risk appetite, creating opportunities for ETH to break new highs and stabilize. Conversely, if the data falls short of expectations, it could lead to a pullback in the US stock market, and ETH may also face downward pressure.

Considering the potential impact of these important data next week, investors should closely monitor the release of these economic indicators and adjust their investment strategies accordingly. Participants in both traditional financial markets and Crypto Assets markets need to remain vigilant about these macroeconomic factors in order to better grasp market trends.
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Rekt_Recoveryvip
· 08-25 22:01
been rekt enough to know better... still gambling tho
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MetaverseLandlordvip
· 08-25 22:00
When this data comes out, I'm afraid it's going to da moon again.
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SighingCashiervip
· 08-25 21:58
Who cares about GDP when things are getting better?
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CommunityLurkervip
· 08-25 21:58
PCE or something makes me dizzy.
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