December 11, 2023

Evening review of the markets 06.08.2023

Evening review of the markets 06.08.2023

AWEX NEWS

Next week the big day will be Thursday. Inflation data will be publishedunemployment. Given the rising prices for raw materials, markets may begin to play out negative data in advance.

Bitcoin dropped lower$29k, however, the number of long positions in the derivatives market is growing, and the process of accumulation is underway. Remember the Bitcoin ETF?

If on Monday the Moscow Exchange index continuesdecline, this may mean that a major player has decided to take profits. In the foreign exchange market, a cheap ruble is beneficial to the Ministry of Finance, but such an exchange rate will cause inflation, which is not in the interests of the Central Bank.

@awex_news