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9 Major Economic Events to Watch Nov 12–25: Bitcoin, Gold and Tech Stocks Face a Macro Test
Bitcoin and tech stocks will be affected by nine economic releases from the US, UK, and Australia between November 12 and 25. The Office for National Statistics will release September GDP, while the Bureau of Labor Statistics will publish October producer prices at 8:30 a.m. ET. Gold and the US dollar are expected to be influenced by these data points, with a strong GDP print potentially supporting the pound and risk appetite, while a weak number could lead to Bank of England cuts. Bitcoin rarely moves on UK data alone, but a weak number could exacerbate growth concerns and push money toward gold.