2023-04-10 15:24:23
Key Events Affecting The Cryptocurrency Market In The Coming Week
Major events are unfolding in the U.S., among which the release of the Consumer Price Index on Wednesday occupies a special place. This data will determine the U.S. Federal Reserve's decision to raise or not to raise interest rates at its May 3 meeting.
Friday holds significance as several large U.S. banks and global investment giant BlackRock will deliver their reports.
April 10:
14:00 - U.S. Labor Market Trends Index.
16:30 - U.S. Federal Reserve's emergency closed-door Board of Directors meeting on fast-track procedures. Topic: Review and determination of advance and discount rates charged by the Federal Reserve Banks.
April 11:
01:30 - China Consumer Price Index and Producer Price Index. Crucial for understanding inflation risks in China before re-entering the crypto market via Hong Kong.
08:30 - EU retail sales data and Sentix Business Sentiment Index release.
22:27 - Activation of Shanghai obfuscation on the Ethereum network.
April 12:
12:30 - U.S. Consumer Price Index.
18:00 - Publication of the U.S. Federal Reserve Board meeting minutes from March 22.
April 13:
12:30 - Weekly U.S. initial jobless claims.
April 14:
12:30 - U.S. Retail Sales Index, a leading indicator for U.S. consumer inflation forecast.
Throughout the day - Reports from the largest U.S. banks - JP Morgan Chase & Co, Citi, Wells Fargo, as well as American financial corporation PNC and the world's largest investment company BlackRock.
Token splits:
April 11: $DYDX unlocks $15 million.
April 15: $BIT will unlock nearly $100 million.
Time is GMT+0.
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