Economic & Crypto Calendar (April 24 - 28)

We are likely to experience some boring times until the day of interest rates by the FED. Meanwhile, I, personally, do not expect to have highlighly volatile markets till the declaration of long-waited "0.25 bp" raise of interest rates. Will the FED surprise us this time?

Economic Calendar of the U.S.

There is nothing to expect on Monday.

On Tuesday, we will see the consumer confidence data. The expectation is more or less the same level as the previous consumer confidence index.

Thursday might be the day we see some market activities if there is a huge difference between the expectation and the actual rates of initial jobless claims.

Keep that in mind, the FED wants more jobless people to "slow down" the economy and the speed of increase in prices (a.k.a inflation).

Jobless claims, in both ways, can be important if it diverges sharply. Other than that, the Core / PCE index may also be important in the last working day.

PCE:

The PCE includes more comprehensive coverage of goods and services. PCE data can be revised more extensively than the CPI, which can only be adjusted for seasonal factors and only for the previous five years.

• Callan

Credits: MarketWatch

Economic Calender of G20

This is an important week for Japan and the monetary policy that will be applied by the new head of BoJ. Will Japan continue the over-tightened monetary policy? How will they deal with the rising inflation in their country? This is a question we need to have a clear answer from the new head.

Also, I did not mention above but Wednesday is the day of Crude Oil Inventories, too. Just keep in mind.

Credits: Investing

PMI in China and CPI from Germany may also affect the markets. However, I do not expect something big from this side.

Calendar of Crypto

Monday is the day when ticket winners on Kucoin and OKX will learn wether they are eligible to buy SUI with their tickets or not. Around 340K tickets on Kucoin and 29M tickets on OKX. I believe SUI will shake the market.

There is an expectation of $400 - $500M valuation in the early phases. For some people, the top 20 is quite likely for that VC-dense project.

In crypto, Zilliqa EVM compatibility is a nice move for the blockchain. I think the market will enjoy this new step on the main network.

Finally, I do not know much about it but MultiverseX is releasing XFabric. The project has more than half a million Twitter followers. Also, the website of the project has a road map that you may want to check. They look pretty professional and hyped for sure! I'll be paying close attention to that. Time to explore a new project 😅

Zilliqa and MultiverseX are two things that attracted me on CoinmarketCap's Event Calendar!

If there are other things to have an eye on, please share with us below.
Have a great week, everyone!

Hive On ✌🏼

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