Experts spoke about the key events of the cryptornic in the coming days

The growth of most digital coins has clearly slowed over the past couple of weeks. Most experts note that now macroeconomic events will have a significant impact on the dynamics of the market. In the next 7 days, it makes sense to pay attention to a number of factors.

To begin with, it is worth noting that it is worth considering the statements of the President of the Central Bank of Europe. Any messages related to the tariffs and vector of monetary policy will directly affect the digital assets market. The publication of financial indicators of a number of large companies is also expected. For example, soon this information will be presented by Tesla Corporation. Considering that it remains a rather large Bitcoin holder, its results from the point of view of profit can indirectly affect the main digital coin.

A meeting of the G20 group will also be held on Wednesday. Tentatively one of the key topics of the discussion will be the US trade policy. Again, now the monetary policy of the Fed has a great influence. Experts recommend paying attention to the PMI indicator. It is a leading indicator, and it can give tips relative how Fed -Russian can act.

According to the results of the last meeting, the regulator became clear that now the department would adhere to a cautious position. According to representatives of the Fed, they need more time to evaluate the policy of the administration of Donald Trump. The key risk factor was that an acute trade confrontation has unfolded between the US and China.

And so far there are no signs that one of the parties is ready to make concessions. It should be understood that these are the largest economies in the planet. And their conflict can negatively affect the global product.

Author

Andrey Alexandrov