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Key Events to Watch Next Week
Next week is expected to be eventful, with significant announcements and speeches that could impact the economy and markets. Here are the key events to watch:
Monday: Trump's Semiconductor Tariff Announcement
- President Trump is set to announce more details on tariffs for the semiconductor industry.
- Potential tariffs could range from 25% to 100% on foreign semiconductors.
- This move aims to boost domestic production and reduce reliance on foreign-made chips.
Potential Impact of Tariffs
- Increased costs for consumers due to higher import costs.
- Supply chain disruptions affecting companies that rely on foreign chip manufacturers.
- Potential trade negotiations and market turmoil.
Thursday: Powell's Speech at the Chicago Economic Club
- Federal Reserve Chair Jay Powell will speak at the Chicago Economic Club.
- His comments on inflation, growth, and interest rates will be closely watched.
- Insights into the current economic landscape and potential future monetary policies.
What to Expect
- Market-moving news and insights into global trade and economic policies.
- Potential implications for the tech industry and global supply chains.
- Increased market volatility due to tariff announcements and economic commentary.
#BTC & ETH Weekend Analysis #Choppy Market – Long or Short? #Trump Pauses Tariff Policies #GateioInto11 #ETH