Hello everyone, today I am just gonna super careful about investors sentiments as that kinna taking strong hold instead of market data recently.
Some few things I believe would effect the market this week includes, China economic report; not going well and shortage for energy production. China maybe seeing some lows this week. Also you probably have heard of some new Bitcoin futures launching today. Yes, how would this affect Bitcoin in the long run. Well for it would be positive for futures contract holders as investors would prefer futures ETF to holding actual crypto wallets. I expect some rise in Bitcoin this week, followed by a gradual decline as investors begin to pull out their wallet funds into futures contract for the year end. Then also a steady increase in Bitcoin price next year.
How this will this affect other stock commodities? I honestly cannot foresee at the moment, but some analysts have hinted on Bitcoin to become a gradual safe heaven for investors as if it gets some more regulations.
Apple Inc, that cap definitely going up for the year ending.
FX TIPS TODAY:
USD/CNY ☝️
USD/AUD 👇
USD/GBP ☝️
STOCK TIPS:
AAPL INC ☝️ (bullish through the year, may have some bear though)
SP500 ☝️ (apple related move)
CRYPTO TIPS:
BTC/USD ☝️ (50/50 though, watch out)