IMPORTANT ECONOMIC EVENTS THAT MAY AFFECT BTC PRICE THIS WEEK (ACCORDING TO U.S. TIME)
This week, global financial markets will focus on the FED interest rate decision, along with the central banks of the UK, Japan, and Europe.
U.S. GDP and PCE inflation data may be delayed due to the government remaining in a temporary shutdown.
The FED is expected to reduce the interest rate by 0.25%, while other central banks are expected to maintain their current monetary policy.
🗓️ TUESDAY, OCTOBER 28
- 🇺🇸 S&P Case-Shiller Home Price Index of the United States (20 cities)
- 🇺🇸 Consumer Confidence Index of the United States → Forecast: 94 | Previous: 94.2
🗓️ WEDNESDAY, OCTOBER 29
- 🇺🇸 Pending Home Sales of the United States → Forecast: 1.0% | Previous: 4.0%
- 🇺🇸 11:00 AM (California time) / 1:00 AM (Vietnam time, October 30) → FED interest rate decision → Forecast: Decrease 0.25%
- 🇬🇧 Bank of England interest rate decision → Forecast: Maintain interest rate
- 🇯🇵 Bank of Japan interest rate decision → Forecast: Maintain interest rate
🗓️ THURSDAY, OCTOBER 30
- 🇪🇺 European Central Bank interest rate decision → Forecast: Maintain interest rate
- 🇺🇸 *Initial Jobless Claims of the United States
- 🇺🇸 *U.S. GDP – Q3 → Forecast: 2.8% | Previous: 3.8%
- 🇺🇸 FED Vice Chair for Supervision Michelle Bowman speaks
🗓️ FRIDAY, OCTOBER 31
- 🇺🇸 *U.S. Personal Consumption Expenditures → Forecast: 0.4% | Previous: 0.6%
- 🇺🇸 *U.S. inflation (PCE) – year-over-year → Previous: 2.7%
- 🇺🇸 *Core PCE inflation of the United States – year-over-year → Previous: 2.9%
- 🇺🇸 Ms. Lorie Logan – President of the Dallas FED speaks
- 🇺🇸 Mr. Hammack – President of the Cleveland FED and Mr. Bostic – President of the Atlanta FED speak
*Reports may be delayed due to the temporary shutdown of the U.S. government.