Important events for the crypto market on May 9 from the economic calendar.

Considering that the current week is quiet and empty in terms of macroeconomic events, today looks even more or less eventful. Volatility in the moment can be expected on the publication of two indicators in the US - weekly data on initial claims for unemployment benefits and the Fed balance sheet. BUT for the market to show noticeable volatility, the data must differ significantly from the forecasts.

Daily schedule:

- 14:00 Kyiv time and Moscow time / 16:00 Astana time - Decision on the interest rate of the Bank of England, Minutes of the meeting of the Monetary Policy Committee. Important for the pound sterling, which is included in the formula for calculating the US Dollar Index #DXY.

- 14:30 Kyiv time and Moscow time / 16:30 Astana time - Speech by the head of the Bank of England, Bailey.

❗️ - 15:30 Kyiv time and Moscow time / 17:30 Astana time - Weekly number of initial applications for unemployment benefits in the USA. The labor market is important for the US Federal Reserve's interest rate actions.

- 16:15 Kyiv time and Moscow time / 18:15 Astana time - Speech by the head of the Bank of England, Bailey.

- 23:30 Kyiv time and Moscow time / 01:30 new day Astana time - US Federal Reserve balance sheet. It will show how things are going in the financial sector, whether there is a possibility of “turning on the printing press.” The latest speech by US Federal Reserve Chairman Powell makes it clear that the QT policy is coming to an end. The Fed will slow down its balance sheet contraction by lowering the limit on Treasury redemptions from 60 billion $ to 25 billion $ per month. Already from June 1. This is positive for risk asset markets.