⚠️ Important economic events that await us this week.
Part 2
🗓 01.05 🕔 15:30 - Number of initial jobless claims
🟠 Jobless claims indicate the state of the labor market: more claims — negative for the dollar, positive for crypto; fewer claims — positive for the dollar, negative for crypto.
📊 Actual - 222k. Expected - 222k.
🗓 01.05 🕔 17:00 - ISM Manufacturing PMI
🟠 The ISM index shows manufacturing activity. Higher data — positive for the dollar, negative for crypto; lower data — negative for the dollar, positive for crypto.
📊 Actual - 49.0 Expected - 49.5
🗓 01.05 🕔 23:30 - US Federal Reserve Balance
🟠 An increase in the Fed's balance (more assets, more money inflow) — positive for crypto: more liquidity, investors seek alternative assets.
🟠 A decrease in the Fed's balance (fewer assets, money outflow) — negative for crypto: liquidity falls, demand for safe assets (dollar, bonds) rises.
📊 Actual - 6.727B Expected -
🗓 02.05 🕔 15:30 - Unemployment rate in the USA
🟠 The unemployment rate indicates the strength of the labor market: lower — positive for the dollar, negative for crypto; higher — negative for the dollar, positive for crypto.
📊 Actual - 4.2% Expected - 4.1%