On December 17th (Wednesday), a series of intense economic data releases and central bank speeches will take place. These macroeconomic signals often have a direct impact on the crypto market, especially influencing the trends of major coins like ETH and BTC.



Morning Highlights: At 01:45, Bank of Canada Governor Macklem will deliver a speech; at 05:30, the US API crude oil inventory data will be released; at 15:00, the UK will announce November CPI monthly rate and Retail Price Index monthly rate; at 17:00, Germany's IFO Business Climate Index will be published.

Afternoon and Evening Key Periods: At 18:00, the Eurozone's November CPI final figures (annual and monthly rates) will be released; at 19:00, the UK CBI Industrial Trends Orders; at 21:15, Federal Reserve Board Member Waller will speak; at 22:05, Federal Reserve Chair Williams will deliver a speech at the meeting—these two Fed officials' remarks are particularly noteworthy and could influence expectations for future rate hikes.

The final wave before market close involves crude oil data confirmation: at 23:30, US EIA crude oil inventories, Cushing crude oil inventories, and Strategic Petroleum Reserve stocks will be released sequentially. This will impact the energy sector and overall risk appetite.

Overall, the day's data density is quite high, and market volatility may increase significantly. Traders are advised to manage risks in advance and closely monitor central bank speeches and CPI data, as these are core variables influencing asset prices.
ETH-0.69%
BTC1.09%
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RugDocScientistvip
· 12-16 17:40
Damn, the data for today is so dense, we're probably going to get cut in a round.
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GasWranglervip
· 12-16 17:35
ngl if you actually analyze the mempool timing on macro dump days like this, the gas inefficiency is almost criminal. people sleeping through waller's speech then panic selling at peak fees... demonstrably avoidable if you'd just optimize your transaction strategy. but sure keep market buying at 23:30 lmao
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