Important Dates and Developments That May Affect Financial Markets This Week

Following macroeconomic news is as important as technical analysis in the cryptocurrency market. We have compiled all significant developments that may affect financial markets between May 5-12 for you.

Tuesday, May 6

  • The US House of Representatives Financial Services Committee will hold a session on digital assets.

Wednesday, May 7

  • Ethereum (ETH) Pectra upgrade will take place.

  • The US Federal Reserve (Fed) will announce its interest rate decision. (GMT 21:00) (Expectation: 4.5% Previous: 4.5%)

  • US Federal Reserve (Fed) Jerome Powell will speak. (GMT 21:00)

Thursday, May 8

  • ….base, the first quarter earnings report will be published.

  • US Unemployment Benefit Claims will be announced. (GMT 15:30) (Expectation: 232k Previous: 241k)

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