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Crypto News > Blog > News > Data from the weekly economic calendar that could affect the crypto world – Crypto
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Data from the weekly economic calendar that could affect the crypto world – Crypto

Crypto
Last updated: 2024/12/01 at 2:45 PM
Crypto Published December 1, 2024
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Data from the weekly economic calendar that could affect the crypto world
 – Crypto
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Contents
Economic data that could impact the crypto worldRelatedCrypto Keynote USA

A new week ends in the changing crypto world and in this work we present the economic calendar for the next few days. It is important to keep in mind that the price of BTC and the rest of the cryptocurrencies is determined by supply and demand. However, the latter has a complicated background.

The state of demand depends on figures and data from the main world economies. In this work, as usual, we present a calendar of data from the main economies, which could have an influence on the Cryptocurrency market.

Among the important elements this week, key data from the United States will be known, such as labor numbers. These range from unemployment claims, new payrolls and others. Likewise, the numerous statements and speeches by Federal Reserve officials throughout the week also stand out.

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Beyond the borders of the North American country, important events will also occur, especially in the European Union (EU). As you can see, this is a week full of important elements that could move demand, and therefore prices, in any direction in the crypto world.

Economic data that could impact the crypto world

As already mentioned, this work offers an economic calendar only of the events that could be related to cryptocurrencies. Consequently, some important data is left aside that could have an influence on other markets, such as Forex or commodities, but not so much on cryptocurrencies.

Monday:

  • Final manufacturing PMI in the EU.
  • Final manufacturing PMI in the United Kingdom.
  • Unemployment rate in the EU in November.
  • PMI SMI manufacturing in the United States.
  • Speeches by Fed’s Waller and Williams.

Tuesday:

  • JOLTS or job vacancies in the United States in November.
  • Speeches by Fed’s Goolsbee and Kugler.

Wednesday:

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  • Final PMI for services in the European Union.
  • Speech by the Governor of the Bank of England.
  • Final services PMI in the United Kingdom.
  • Estimated changes in the US nonfarm employment sector
  • Speech by the president of the European Central Bank.
  • Fed’s Musalem and Powell speech.
  • Final US services PMI
  • US Services PMI SMI

Thursday:

  • UK construction PMI.
  • Month-by-month retail sales in the EU.
  • Weekly US unemployment claims
  • Trade balance in the USA

Friday:

  • Quarter-on-quarter changes in the employment sector in the EU.
  • Unemployment rate in Canada.
  • Changes in the employment sector in the US
  • US unemployment rate
  • Variation in the US nonfarm labor sector
  • Average hourly wage in the US
  • Speech by the Fed’s Bowman, Goolsbee, Daly and Hammack.

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