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Israeli Prime Minister Netanyahu: The Iran issue depends on Trumps decision.Israeli Prime Minister Netanyahu: If Iran launches an attack in any way, our response will be strong.Israeli Prime Minister Benjamin Netanyahu: Irans nuclear program must end, whether through an agreement or not.July 26 - According to Reuters: A senior Iranian source said that Iran will cease its attacks as long as the United States maintains the current ceasefire; after the United States suspended its attacks on Iran, Irans attitude was "more skeptical than optimistic".1. Monday: ① Data: Germanys July IFO Business Climate Index; UKs July CBI Retail Sales Balance; US June Durable Goods Orders (MoM); US July Dallas Fed Business Activity Index. 2. Tuesday: ① Data: US ADP Employment Change (Weekly) to July 11; US May FHFA House Price Index (MoM); US May S&P/CS 20-City Composite Home Price Index (YoY, Unadjusted); US July Conference Board Consumer Confidence Index; US July Richmond Fed Manufacturing Index. ② Event: Speech by RBA Governor Bullock. 3. Wednesday: ① Data: US API Crude Oil Inventories (Week Ending July 24); Australias June Unadjusted CPI (YoY); Switzerlands July ZEW Investor Confidence Index; UK June Bank of England Mortgage Approvals; US EIA Crude Oil Inventories (Week Ending July 24); US EIA Cushing, Oklahoma Crude Oil Inventories (Week Ending July 24); US EIA Strategic Petroleum Reserves (Week Ending July 24). ② Event: SK Hynix releases its Q2 financial report. 4. Thursday: ① Data: US Federal Reserve interest rate decision (to July 29); Frances preliminary Q2 GDP annual rate; Switzerlands July KOF Leading Economic Index; Germanys preliminary Q2 unadjusted GDP annual rate; Eurozones preliminary Q2 GDP annual rate, Eurozones June unemployment rate, Eurozones July industrial sentiment index, Eurozones July economic sentiment index; UK Bank of England interest rate decision (to July 30); Germanys preliminary July CPI monthly rate; US initial jobless claims for the week ending July 25; US June core PCE price index annual rate; US June personal spending monthly rate; US preliminary Q2 real GDP annualized quarterly rate; US preliminary Q2 real personal consumption expenditure quarterly rate; US preliminary Q2 core PCE price index annualized quarterly rate; US June core PCE price index monthly rate; US EIA natural gas storage for the week ending July 24. ② Events: The Bank of Canada releases its monetary policy meeting minutes; the Federal Reserve FOMC announces its interest rate decision and Fed Chairman Warsh holds a monetary policy press conference [with simultaneous interpretation]; the Bank of England announces its interest rate decision, meeting minutes, and monetary policy report, and Bank of England Governor Bailey holds a monetary policy press conference. ③ Earnings Reports: Meta, Microsoft, Qualcomm, and ARM will release their Q2 2026 earnings reports after the US stock market closes on July 29. 5. Friday: ① Data: Japans June unemployment rate; Chinas July official manufacturing PMI; UKs July Nationwide house price index month-on-month; Switzerlands June real retail sales year-on-year; Frances July CPI month-on-month preliminary reading; Germanys July seasonally adjusted unemployment figures and July seasonally adjusted unemployment rate; Eurozones July CPI year-on-year preliminary reading and Eurozones July CPI month-on-month preliminary reading; Canadas May GDP month-on-month; US Q2 labor cost index quarter-on-quarter; US July Chicago PMI; US July University of Michigan consumer sentiment index final reading; US July one-year inflation rate expectation final reading; Japans target interest rate until July 31. ② Events: A new round of price adjustments for domestic refined oil products will begin; the Bank of Japan will announce its interest rate decision and economic outlook report, and Bank of Japan Governor Kazuo Ueda will hold a press conference on monetary policy. ③ Earnings Reports: Amazon and Apple will release their earnings reports after the US stock market closes on July 30. 6. Saturday: ① Data: Total number of US oil rigs for the week ending July 31. 7. Sunday: ① Events: OPEC+ oil-producing countries will hold their monthly meeting on oil policy.

BTC Fear & Greed Index Avoids Fear But Sends a Bearish Price Signal

Alice Wang

Mar 01, 2023 15:41

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Bitcoin (BTC) decreased by 1.53% on Tuesday. Bitcoin gained 0.03% to $23,142 at the month's conclusion after dropping 0.25% on Monday. Bitcoin fell shy of the $24,000 mark for the fourth day in a row following the negative session.


Bitcoin recovered from a turbulent morning to reach a late-afternoon peak of $23,615. Bitcoin fell to a late low of $23,066 after failing to surpass the First Significant Resistance Level (R1) at $23,885. Before finishing the day at $23,142, Bitcoin momentarily breached the First Significant Support Line (S1) at $23,125 to test support.


Fed anxiety and regulatory activity put Bitcoin on the defensive.


On Tuesday, investor confidence suffered from the NASDAQ Composite Index and the cryptocurrency news channels.


Alarm alarms went off when it was reported that the SEC had subpoenaed Robinhood (HOOD).


Speculation that Visa (V) and Mastercard (MA) might rethink their plans for cryptocurrency was also unfavorable. Bitcoin usage continues to be a major price influencer. Growth and price movement in the cryptocurrency market would be greatly impacted by a change in Main Street trader opinion.


Nevertheless, despite dismal US economic data, Fed Anxiety persisted in dampening investor mood. The CB Consumer Sentiment Index dropped from 106.0 to 102.9 in February, and the property industry statistics were also unfavorable.


Despite the disappointing figures, the US labor market is extremely constrained and inflation is still tenacious, backing a more active interest rate track to bring inflation to goal.


To end a negative month, the NASDAQ Composite Index decreased by 0.10 percent on Tuesday. The NASDAQ mini was down 54.5 points this morning.


There will also be curiosity in the Day Ahead Business Indicators. Prior to the US session, China's private sector PMIs will have an impact. We anticipate that China's poor economic data will rekindle recessionary worries and test investors' desire for risky assets.


The NASDAQ Composite Index and US economic data will have an impact on the midday session. The February US industrial PMI figures will be closely watched. It would be negative if the ISM Manufacturing PMI unexpectedly dropped. However, throughout the day, FOMC member conversation will also affect investor interest.


We anticipate that the bitcoin news networks will keep offering guidance. Buyers should keep an eye on the crypto news channels for discussions among US lawmakers and regulation developments. Updates on Binance and FTX as well as information from the current SEC v. Ripple lawsuit need to be taken into account.

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