Weston Nakamura outlines the key macro data with global macro market implications for this week - as they all stem from the Asia region. Namely - retail sales, industrial production and GDP figures from China (and why China's "fake GDP" figures are nonetheless usefully informative), and Japan CPI at the end of the week, as the country's final inflation reading before the consequential April Bank of Japan meeting.
Weston also dives into the recent surge in gold prices, as spot gold nears its all time record high of $2,080 - and how he approaches gold price action as more of a currency pair against the US dollar, rather than a standalone commodity price.
--
Follow Market Depth On Spotify: https://spoti.fi/3mVTs9U
Follow Market Depth On Apple Podcasts: https://apple.co/40dA2vm
Follow Weston: https://twitter.com/acrossthespread
Follow Blockworks: https://twitter.com/Blockworks_
Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/
--
Disclaimer: Nothing discussed on Market Depth should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
