This Week’s Key Economic, Crypto Events: US Jobless Claims, Korea GDP Due

JOON HYOUNG LEE

Summary

Key data releases due this week include China’s July loan prime rate, South Korea’s second-quarter GDP, and US initial jobless claims.
Key token unlock events include LayerZero (ZRO) unlocking tokens equal to 2.36% of supply on July 20 and Gram (GRAM) unlocking tokens equal to 0.72% of supply on July 23.
Major cryptocurrency events this week include a 43% slowdown in Worldcoin (WLD) token unlock pace on July 24 and the Polymesh (POLYX) Version 8 mainnet upgrade.

Forecast Trend Report by Period

▶︎July 20 (Mon.): △People’s Bank of China July loan prime rate (10 a.m. Korea time, 8 p.m. US time)

▶︎July 21 (Tue.): △US ADP weekly employment change report (9:15 p.m. Korea time, 7:15 a.m. US time)

▶︎July 22 (Wed.): △South Korea June producer price index (6 a.m. Korea time, 4 p.m. US time) △Japan June trade balance (8:50 a.m. Korea time, 6:50 p.m. US time) △US crude oil inventories (11:30 p.m. Korea time, 9:30 a.m. US time)

▶︎July 23 (Thu.): △South Korea second-quarter GDP (8 a.m. Korea time, 6 p.m. US time) △US initial jobless claims (9:30 p.m. Korea time, 7:30 a.m. US time)

▶︎July 24 (Fri.): △Japan June CPI (8:30 a.m. Korea time, 6:30 p.m. US time) △US July manufacturing purchasing managers’ index (10:45 p.m. Korea time, 8:45 a.m. US time) △US June new home sales (11 p.m. Korea time, 9 a.m. US time)

▶︎July 20 (Mon.): △LayerZero (ZRO) token unlock equal to 2.36% of supply

▶︎July 21 (Tue.):

▶︎July 22 (Wed.): △Kaia (KAIA) CR Mission 1 activation △Polymesh (POLYX) Version 8 mainnet upgrade

▶︎July 23 (Thu.): △Gram (GRAM) token unlock equal to 0.72% of supply △Monad (MON) to distribute 470,000 tokens in YT incentives

▶︎July 24 (Fri.): △Worldcoin (WLD) token unlock pace to slow 43%

#Token Unlock