#数字货币市场洞察 $BTC This Friday, December 5, a slew of economic data will be released— the probability of a Fed rate cut in December has already soared to 89.2%. At times like this, forex, gold, oil, and even the crypto markets could experience intense volatility.

Europe kicks things off first. At 3:00 PM, the UK will release the November Halifax House Price Index, likely sending the pound on a wild ride; right after that, France’s industrial output and trade balance data will be announced, offering a glimpse into whether the eurozone economy is holding up; at 6:00 PM, the eurozone’s Q3 GDP revision and employment data will provide the grand finale, all of which are key references for ECB decision-making.

The real highlight comes during the US session—at 9:30 PM, Canada’s employment data could cause the loonie to spike or dive in the short term, but everyone’s really focused on the US core PCE price index at 11:00 PM. This is the Fed’s most watched inflation gauge; if it drops as expected to around 2.8%, rate cut expectations will be further solidified, gold and non-USD currencies are likely to soar, and the dollar could come under pressure. At the same time, the University of Michigan consumer sentiment index and personal spending data will be released, reflecting US consumers’ willingness to spend.

Don’t forget about oil—at 2:00 AM the next day, the US will announce the weekly total oil rig count. The number of rigs is a leading indicator of production and directly determines oil price trends.

Right now, there’s no consensus within the Fed, and once these data are out, market expectations could be repriced at any moment. Make sure to manage your positions and stop-losses carefully—don’t let the data-driven volatility cloud your judgment.