Fren monitoring the market on Monday, please pay attention, there are several important data releases today that may affect market sentiment:
This afternoon, there is a dense release of European data—first at 15:30, we will look at Switzerland's retail data for October, then from 16:50 to 17:30, the final manufacturing PMI for November from France, Germany, and the UK will be released in a cluster. Additionally, the UK will also announce the central bank mortgage loan data for October.
Tonight's focus is on the United States: At 22:45, there is the S&P Global Manufacturing PMI, and at 23:00, the ISM Manufacturing PMI is more critical, which has historically had a significant impact on risk assets.
Recently, BTC and ETH have been quite correlated with the traditional market. If the manufacturing data exceeds expectations, it may boost sentiment; if it falls short of expectations, one should be cautious of short-term fluctuations. Anyway, don't just focus on the market today; keep an eye on the macroeconomic situation as well.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
4
Repost
Share
Comment
0/400
MelonField
· 2h ago
It's data day again, and the ISM one is the real highlight, always the most pumped... Can BTC hold up if the manufacturing sector collapses?
View OriginalReply0
GateUser-5854de8b
· 18h ago
It's another day of data bombardment, and ISM is what I pay the most attention to; it always manages to stir things up.
View OriginalReply0
BoredRiceBall
· 18h ago
I've been watching the market for so long, just waiting for this wave of data to get dumped to see how BTC reacts. We really need to keep an eye on the ISM data at 23:00; when this thing moves, the whole market shakes.
View OriginalReply0
PumpDoctrine
· 18h ago
Damn, it's another day of intensive data, my hands are about to cramp up.
Fren monitoring the market on Monday, please pay attention, there are several important data releases today that may affect market sentiment:
This afternoon, there is a dense release of European data—first at 15:30, we will look at Switzerland's retail data for October, then from 16:50 to 17:30, the final manufacturing PMI for November from France, Germany, and the UK will be released in a cluster. Additionally, the UK will also announce the central bank mortgage loan data for October.
Tonight's focus is on the United States: At 22:45, there is the S&P Global Manufacturing PMI, and at 23:00, the ISM Manufacturing PMI is more critical, which has historically had a significant impact on risk assets.
Recently, BTC and ETH have been quite correlated with the traditional market. If the manufacturing data exceeds expectations, it may boost sentiment; if it falls short of expectations, one should be cautious of short-term fluctuations. Anyway, don't just focus on the market today; keep an eye on the macroeconomic situation as well.