Anticipating Market Shifts: Wall Street Investors Eye Credit & Consumer Sentiment Reports – Impact on Bitcoin (BTC)

Anticipating Market Shifts: Wall Street Investors Eye Credit & Consumer Sentiment Reports – Impact on Bitcoin (BTC)

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  • Wall Street investors are set to focus on the senior loan officer opinion survey from the US Federal Reserve and the preliminary consumer sentiment data for May in the upcoming week.
  • Major earnings reports from Tyson Foods, Disney, Uber Technologies, and Warner Bros. Discovery will also be under the spotlight.
  • Last week saw the US Fed maintain its interest rate after a two-day monetary policy meeting.

Wall Street gears up for a week of key economic data and major earnings reports, with the US Fed’s senior loan officer opinion survey and preliminary consumer sentiment data for May taking center stage.

Economic Events to Watch

On May 7 (Tuesday), the US central bank will release a report on consumer credit for March. May 10 (Friday) will see the release of data on preliminary consumer sentiment for May, providing insights into consumer confidence and potential spending trends.

Major Earnings Reports

Investors will closely watch the quarterly earnings reports from Tyson Foods, Vertex Pharmaceuticals, Palantir, Realty Income, Disney, McKesson, Ferrari, GlobalFoundries, Coupang, Electronic Arts, Rivian Automotive, Datadog, Uber Technologies, Anheuser-Busch InBev, Airbnb, Shopify, Arm, Energy Transfer, Trade Desk, Beyond Meat, Affirm, AMC Entertainment, Warner Bros. Discov... Read the full article for FREE at COINOTAG!

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