⚡ Crypto Faces Major Macroeconomic Events Ahead
September 4 Today: Initial Jobless Claims.
Initial signal about the health of the labor market.
September 5 Friday: Non-Farm Payrolls and Unemployment Rate
Release of the most important data of the month.
Weak jobs and higher unemployment → Risk asset rally.
Strong jobs report → The Fed may delay interest rate cuts.
September 11 Thursday: CPI and Core CPI
Update on inflation.
CPI < 2.5% → Strong argument for a Fed rate cut.
September 17 Wednesday FOMC Rate Decision and Powell's Speech
Fed expected to cut rates by 25 bps.
Powell dovish → Signs of more cuts are optimistic for crypto and stocks.
Powell cautious → Markets likely to remain volatile and constrained.