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Economic Calendar — Key Events of the Week💸

This week we are expecting a series of important macroeconomic data from the USA that could significantly impact the market:

🗓 Tuesday, August 5
💸16:45 — PMI in the services sector (July)
💸Forecast: 55.2 | Previous value: 55.2

💸17:00 — ISM Index in the non-manufacturing sector (July)
💸Forecast: 51.5 | Previous: 50.8
⚠️Both indicators are gauges of economic activity. Their growth signals strengthening of the economy, which could strengthen the dollar and affect the cryptocurrency market.

🗓 Wednesday, August 6
💸17:30 — Crude Oil Inventories
📦 Forecast: — | Previous: 7.698M
⚠️Data may affect the volatility of commodity and stock markets. Sometimes causes short-term movements in crypto as well.

🗓 Thursday, August 7
💸15:30 — Initial Jobless Claims
💸Forecast: 221K | Previous: 218K
⚠️One of the key leading indicators of the labor market. Higher than forecasts is a warning sign for the economy.

⸻

📌Summary: The coming days may be volatile. We are monitoring the numbers, especially ISM and the labor market. These reports are the fuel for movements in BTC and the stock market.

I will keep you updated. Stay connected! 😎$BNB $SOL $BTC #creadpad

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