Crypto markets maintained final week’s good points over the weekend and started shifting increased once more on Monday morning in Asia.
The momentum could proceed if US inflation stories are constructive this week. In the meantime, late final week, President Trump introduced 30% tariffs on the European Union and Mexico, however there was little response from crypto markets.
US inventory futures have been jittery and fell marginally available in the market’s preliminary response to the newest spherical of tariff letters from the White Home.
In the meantime, the second quarter earnings season is about to start, and the July Federal Reserve assembly is 2 weeks away.
Financial Occasions July 14 to 18
Tuesday will see the discharge of the June Client Value Index (CPI) report, which is one in every of two key measures of inflation for policymakers, companies, and customers. This knowledge displays worth tendencies, shapes shopper spending and sentiment, and immediately influences the Fed’s price selections.
June’s CPI is expected to rise 0.23% to 0.25%, with inflationary pressures persisting, particularly in power and choose items on account of tariffs.
Extra inflation knowledge is due on Wednesday with June’s Producer Value Index (PPI). This report displays prices for producers and producers and measures the price of producing shopper items, impacting retail costs as a number one indicator of inflation.
June’s Retail Gross sales report is due on Thursday, providing perception into how a lot customers are spending on sturdy and non-durable items, and offering a number one indicator of financial well being.
Key Occasions This Week:
1. Markets React to EU/Mexico Tariffs – Monday
2. June CPI Inflation knowledge – Tuesday
3. June PPI Inflation knowledge – Wednesday
4. June Retail Gross sales knowledge – Thursday
5. July MI Client Sentiment knowledge – Friday
6. Complete of 12 Fed speaker occasions this week…
— The Kobeissi Letter (@KobeissiLetter) July 13, 2025
Friday will see July’s Michigan Client Sentiment Index and Inflation Expectations stories launched, summarizing the findings of a month-to-month survey measuring shopper confidence and long-term inflation expectations.
“Traders have gotten calmer concerning the total inflation outlook in the previous few months,” Thierry Wizman, world foreign-exchange and charges strategist at Macquarie Group, informed MarketWatch. “I wouldn’t say that the market has shifted towards disinflationary mode, however it’s definitely much less inclined to be frightened about inflation,” he added.
Huge banks will kick off earnings season this week with JPMorgan Chase, Wells Fargo, Morgan Stanley, and Goldman Sachs all reporting this week.
Crypto Market Outlook
Complete capitalization ticked up on Monday morning to achieve $3.8 trillion, its highest degree since mid-January.
It was primarily pushed by Bitcoin, which added an additional 1.7% to notch a new all-time high of $119,750 in the course of the morning’s Asian buying and selling session.
Ethereum had reclaimed $3,000 whereas the altcoins have been principally inexperienced, Stellar and Hedera surging greater than 20%.
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