The financial landscape has faced considerable challenges this week, with risk assets experiencing significant pressure. Despite Nvidia’s impressive earnings report and upbeat CEO commentary, market sentiment remained negative. The cryptocurrency market took a steep downturn, with Bitcoin plunging 18% over the week – its sharpest decline since late November 2022. Economic reports and upcoming holidays are expected to significantly influence the coming week’s trading activity. Key events include U.S. retail sales data and PPI figures on Tuesday, the Reserve Bank of New Zealand’s interest rate decision on Wednesday, initial jobless claims for the week ending November 22 on Wednesday night, the Federal Reserve’s Beige Book on Thursday, as well as the Bank of Korea’s interest rate decision likely to occur on Thursday. A speech by New York Fed President Williams is also scheduled for Friday. Notable connections: Jefferson’s insights, closely aligned with Fed Chair Powell’s views, are potentially valuable as they reflect a consistent voting record. This week’s market activity will be impacted by both economic data and the Thanksgiving holiday in the U.S., which will shorten trading days and affect liquidity significantly. #BTC #PPI