🗓 Key events for this week
Tue, July 22
3:30 PM Speech by Fed Chair Powell
Thu, July 24
3:30 PM Initial jobless claims
4:45 PM Manufacturing PMI
4:45 PM Services PMI
Initial jobless claims — an increase in claims — bad for the economy and crypto, a decrease — good.
Manufacturing PMI — the higher the index, the better the state of the economy and better for crypto.
Services PMI — used to assess the dynamics of business activity in the service sector. It is important whether it is above or below 50, as this affects investor sentiment and, consequently, crypto.