Two major events will bring volatility to the stock market next week: Bloomberg

Stock market volatility is expected to increase next week due to two important events for Wall Street: the Federal Reserve’s latest interest rate decision and the release of November inflation data.

According to Bloomberg, traders expect the incident to lead to turbulent markets as the financial community tries to predict the economic climate in 2024. One measure of expected volatility is at its highest level since March, according to the report.

The central bank is expected to keep interest rates steady after March 2022, following an unprecedented series of rate hikes. Retail investors are starting to respond. According to Bloomberg, $6.8 billion flowed into the U.S. stock market last week, the highest since March.

Bitcoin Volatility Rebounds

Bitcoin BTC

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Volatility also increases compared to August The recent rise in cryptocurrency prices has led to record lows. Data from The Block shows Bitcoin’s volatility has not recovered to the annual high it reached in late March this year, but its 30-day annualized volatility increased by 7% last week.

Not all cryptocurrency-related companies on Wall Street have performed equally in cryptocurrencies’ recent rally. Coinbase underperformed Bitcoin’s gains last week, but its stock price still rose overall.

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