PANews reported on November 10 that Greeks.live researcher Adam posted on the X platform that the US election ended with Trump's victory, and Bitcoin broke through its historical high, while driving a surge in multiple mainstream currencies. Market sentiment is now very high. The cryptocurrency market is now independent of other markets, and important fundamental turning points are often first reflected in the cryptocurrency market. Last Friday's interest rate meeting decided to cut interest rates by 25Bp. The fundamentals of the interest rate cut cycle support the investment market. This week's option at-the-money IV has dropped below 60%, and the sellers are very strong and are selling against the big market. The major events this week are:
11/12 Tuesday, Fed Governor Waller delivered a speech at the Banking Conference (23:00) 2024 FOMC voting member, Richmond Fed President Barkin delivered a speech (23:15)
11/13 Wednesday US October CPI (21:30) Several FOMC voting members gave speeches
11/14 Thursday ECB releases October monetary policy meeting minutes (20:30) U.S. initial jobless claims for the week (21:30) U.S. October PPI (21:30) Speech by U.S. President Biden, RBA Chairman Bullock, and several FOMC voting members
11/15 Friday US October Retail Sales Monthly Rate (21:30) Speech by Fed Chairman Powell, Bank of England Governor Bailey and several FOMC voting members
