Crypto investors should be cautious, follow the Agenda that will change the Digital asset market
As the financial world gears up for a new month of market activity, several key agendas have come to the fore. Finally, this agenda is one of the moments that involves various sectors of the global economy.
In this week, there appear to be significant developments in the areas of Central Banking, Manufacturing, Manufacturing, and energy markets. Here is a list of the main agendas to watch out for:
1.Fed Chairman Powell's Speech (Monday)
Federal Reserve Chairman Jerome Powell is scheduled to speak on Monday. As the Fed continues to face inflationary pressures and its timing of asset returns, Powell's statements can be seen directly by investors and the crypto market.
2.ISM manufacturing Data (Monday)
On the same day, the Institute of Media Management (ISM) will release its manufacturing data.
3.JOLTS employment Data
The salary and Labor Expenditure Survey (JOLTS) Data for August will be released on Monday.
4.OPEC meeting (Wednesday)
OPEC's decisions on oil production can directly affect the price of crude oil, which often has a correlation with cryptocurrencies such as Bitcoin.
5.September Employment Report (Friday)
If the company's financial statements show strong employment adverse effects and low valuation levels,this could be an economic wave that could cost the company against crypto assets as a loss of value.
