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FOMC Decision and Tech Earnings to Drive Market Direction

Guavy AI Editorial Team
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The upcoming FOMC decision and major tech earnings announcements will set the tone for markets over the next 72 hours.

Key economic indicators to watch in the US this week include consumer confidence, PCE inflation, and GDP growth, which is expected to fall within a range of 2.1% to 2.2%.

The tech earnings releases from Microsoft, Meta, Apple, and Amazon may also impact cryptocurrency markets, with Bitcoin currently trading at $64,006.00. High inflation and hawkish Fed messages could exacerbate selling pressure in the remainder of the quarter.

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