Weak PMI, CPI Data & Crypto Volatility: Key Market Movers

Weak PMI, CPI Data & Crypto Volatility: Key Market Movers
This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.

Last week’s weak PMI reports signaled a contraction in manufacturing and services, while crypto markets stabilized after recent volatility. This week, key inflation data and US-China trade talks could reignite market movements.

  • May’s CPI and PPI reports will be pivotal in assessing inflation trends ahead of the Fed’s June meeting.
  • Crypto markets are range-bound, with Bitcoin hovering around $105K and Ethereum stable near $2,500.
  • US-China trade talks and consumer sentiment data could impact broader market sentiment this week.
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