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Key US Economic Events This Week: How They Could Impact Crypto Markets
Key US Economic Events This Week: How They Could Impact Crypto Markets
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This week, the US market is expected to witness several important economic events, particularly the US Retail Sales index to be released on Monday. This index provides aggregated measures of sales of retail goods and services over a period of a month. In January, it dropped from 0.7% to -0.9%. The consensus expects it to rise from -0.9% to 0.7%, according to TEForecast, it would climb to 0.5%. A rise in the US retail Sales index can signal a strong economy, which may influence the course of the cryptocurrency market.
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