A MACROECONOMIC STORM IS VISIBLE IN CRYPTOCURRENCIES.
👉 September 4 (today) – Initial claims for unemployment benefits
- First figures on the strength of the labor market.
👉 September 5 (Friday) – Non-farm payrolls and unemployment rate
- Key data for the month
- Weak jobs + higher unemployment → Risk assets soar (cryptocurrencies and stocks)
- Solid employment report → The Fed likely delays cuts
👉 September 11 (Thursday) – CPI and core CPI (August)
- If CPI falls <2.5% → Strong arguments for a Fed rate cut
👉 September 17 (Wednesday) – FOMC decision on interest rates + Powell's speech
- The Fed is expected to cut rates by 25 basis points
- Powell moderate → Signals more cuts → Cryptocurrency and stock rebound
- Powell cautious → Unstable market and sideways volatility
