Key Dates and Developments That Could Impact Financial Markets This Week
Just like technical analysis, keeping up with macroeconomic news is also crucial in the cryptocurrency market. Between August 24 and August 30, we compiled all the important developments that could affect financial markets for you.
Monday, August 24
Comment period on SEC-CFTC joint requests: The comment period for two joint SEC-CFTC requests—covering derivative product definitions as well as alternative compliance and swap data reporting—will expire. The issue is important in terms of crypto derivatives.
25 August Tuesday
BNB Smart Chain Pasteur hard fork activation: BNB Smart Chain will activate the Pasteur hard fork. (TSE: 05:30)
US ADP employment change: The US ADP Weekly Employment Change will be announced. (TSE: 15:15) (Previous: 9.5K)
US consumer confidence: The August data for the US CB Consumer Confidence will be announced. (TSE: 17:00) (Forecast: 91.2 Previous: 90.8)
US money supply: The US July money supply data will be announced. (TSE: 20:00) (Previous: $23.15T)
26 August Wednesday
Jackson Hole Symposium: The US Jackson Hole Symposium will take place between 26–28 August.
Australia inflation data: Australia’s July annual inflation rate and the RBA trimmed mean CPI annual data will be announced. (TSE: 04:30) (Previous: Inflation 3.8%; RBA trimmed mean CPI 3.6)
US core PCE inflation: The monthly and annual data of the US core PCE price index for July will be announced. (TSE: 15:30) (Forecast: 0.2% monthly, 3.3% yearly; Previous: 0.1% monthly, 3.3% yearly)
US GDP growth: The second estimate of the US second-quarter GDP growth rate will be announced. (TSE: 15:30) (Forecast: 1.5% Previous: 2.1%)
27 August Thursday
South Korea interest rate decision: South Korea’s interest rate decision will be announced. (TSE: 04:00) (Previous: 2,75%)
Hyperliquid Strategies earnings calendar: Hyperliquid Strategies (PURR) earnings calendar includes the timing before market open and the value of $0.79.
US initial jobless claims: The initial unemployment benefit claims for the week ending August 22 in the US will be announced. (TSE: 15:30) (Forecast: 210K Previous: 206K)
IREN earnings calendar: The IREN earnings calendar includes values of $40.87 and -$0.63; timing is specified as before market close and after close.
28 August Friday
Michigan consumer confidence: The US Michigan Consumer Confidence final data for August and one-year inflation expectations will be announced. (TSE: 17:00) (Forecast: Consumer Confidence 51.0; 1-year inflation expectation 4.3%. Previous: Consumer Confidence 55.2; 1-year inflation expectation 4.2)
US non-farm employment annual revision: The preliminary data for the US non-farm employment annual revision will be announced. (TSE: 17:00) (Previous: -911K)
Stay tuned for the latest developments…!
