Events from the economic calendar that matter to the crypto market on October 6.
The market is expecting a relatively quiet day for macroeconomic data. However, given how turbulent the charts have been in recent weeks and months, this is unlikely to have a calming effect on cryptoasset prices. On the contrary, relatively secondary data, such as the weekly change in U.S. employment according to ADP, could trigger unexpectedly high volatility.
Today's schedule:
- 15:15 Kyiv and Moscow time / 17:15 Astana time — ADP weekly change in U.S. employment.
- 15:30 Kyiv and Moscow time / 17:30 Astana time — U.S. trade balance, as well as export and import data for August.
- 17:45 Kyiv and Moscow time / 19:45 Astana time — Speech by FOMC member Bowman.
The market is expecting a relatively quiet day for macroeconomic data. However, given how turbulent the charts have been in recent weeks and months, this is unlikely to have a calming effect on cryptoasset prices. On the contrary, relatively secondary data, such as the weekly change in U.S. employment according to ADP, could trigger unexpectedly high volatility.
Today's schedule:
- 15:15 Kyiv and Moscow time / 17:15 Astana time — ADP weekly change in U.S. employment.
- 15:30 Kyiv and Moscow time / 17:30 Astana time — U.S. trade balance, as well as export and import data for August.
- 17:45 Kyiv and Moscow time / 19:45 Astana time — Speech by FOMC member Bowman.
