Asset	Current Value	Weekly Change
S&P 500	2363	0.80{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}
DAX	12312	2.06{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}
WTI Crude Oil	50.81	5.92{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}
GOLD	1247.50	-0.24{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}
Bitcoin	1075	1.32{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}
EUR/USD	1.0657	-1.49{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}

5 Things to Watch Next Week

1. Will Bitcoin target its all-time high?

The most important cryptocurrency scared bulls last weekend as it spiked lower to $900 before recovering above $1000 during the week. The currency was stable in the last few days, and that might prove to be the calm before the storm. Bulls have the $1300 level in their crosshairs, with still the $880-$900 zone being the “make-or-break” spot for Bitcoin.

Bitcoin, Daily Chart Analysis

2. Job’s Friday: Another positive employment report with weak earnings?

As the Fed’s future rate hikes are still in the center of attention, the most awaited monthly economic release could define trading during the week. The Dollar could take the biggest hit in the event of a negative surprise, and US government bonds might also experience heavy trading.

3. Trump meets the Chinese President: Flexing of muscles?

The leaders of arguably the two most important economies will meet on Thursday, and investors around the world will anxiously be looking for hints on a possible trade war between the two nations. Trump has been hostile towards the Chinese monetary and international trade policies in his campaign, but he proved flexible in several issues before (like the question of Taiwan). Beware, stocks and currencies could turn volatile!

4. New highs ahead for stocks or the correction resumes?

Although several major benchmarks, like the Nasdaq and the DAX marched to new highs in the second half of the week, other indices remained relatively weak. This divergence is usually bad news for markets, although it’s likely that the laggards will heal next week. The first few days could be crucial for stocks, as the indices trade just above important support levels.

5. What are the central banks up to?

Last week the words of FED-member Charles Evans had a bigger impact on markets than the Brexit or any of the key economic releases. With that in mind, the meeting minutes of the FOMC and the ECB both have the potential to significantly move markets on Wednesday and Thursday respectively. The ECB sent hawkish signals last time around, while the Fed’s communication was nothing short of a mess, so predicting an outcome is probably seems like a gamble here.

In Focus: Cryptocurrencies

The 7-day performance of the main cryptocurrencies, ({88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8} gains)

Cryptocurrencies had a strange but mostly bullish week, as the recent stars of the altcoin market took a backseat, while other currencies such as Ripple and Litecoin had stellar moves. Last week’s winner Ethereum started the week in a bullish fashion, but the rally stalled around the $53 level, and the currency spent the second half of the period in a low-volatility consolidation-pattern. Monero also settled down after three sensational weeks, as it also traded below its recent highs, sticking to the important psychological level at $20. Dash entered a deep correction after the huge surge earlier on in March, falling by more than 30{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8} since last Sunday.

The Cryptocurrency market is buzzing, and volatility is likely to remain the name of the game. Look out for another round of rotation, and a possibly huge move in this week’s stable currencies. Litecoin saw the third largest trading volume last week, thanks to the surge in its price, but it couldn’t get close to the leading duo of Bitcoin and Ethereum. Ripple jumped to the third place in market capitalization as Litecoin took over Monero.

Currency	Weekly Volume	Market Cap
Bitcoin	2071	17358
Ethereum	691	4625
Ripple	130	817
Dash	165	493
Litecoin	338	341
Monero	47	295

Key Economic Releases of the Week

Day	Country	Release	Expected	Previous
Monday	AUSTRALIA	Retail Sales (monthly)	0.30{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}	0.40{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}
Monday	UK	Manufacturing PMI	55.1	54.6
Monday	US	ISM Manufacturing PMI	57	57.7
Tuesday	AUSTRALIA	RBA Rate Decision	1.50{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}	1.50{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}
Tuesday	UK	Construction PMI	52.50{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}	52.50{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}
Tuesday	CANADA	Trade Balance	0.7 billion	0.8 billion
Tuesday	US	Trade Balance	-46.7 billion	-48.5 billion
Tuesday	US	Factory Orders (monthly)	0.90{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}	1.2{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}
Wednesday	UK	Services PMI	53.5	53.3
Wednesday	US	ADP Employment Change	225,000	298,000
Wednesday	US	ISM Non-Manufacturing PMI	57	57.6
Wednesday	US	Crude Oil Inventories	–	0.9 million
Wednesday	US	FOMC Meeting Minutes	–	–
Thursday	GERMANY	Factory Orders (monthly)	3.50{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}	-0.80{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}
Thursday	EUROZONE	ECB Meeting Accounts	–	–
Thursday	CANADA	Building Permits (monthly)	–	5.40{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}
Thursday	US	Initial Jobless Claims (weekly)	251,000	258,000
Friday	CANADA	Employment Change	5,700	15,300
Friday	CANADA	Unemployment Rate	6.70{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}	6.60{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}
Friday	US	Hourly Earnings	0.20{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}	0.20{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}
Friday	US	Employment Change	175,000	235,000
Friday	US	Unemployment Rate	4.70{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}	4.70{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}