PiCK
This Week’s Key Economic and Crypto Events: Fed Rate Decision Ahead
Summary
- This week’s schedule includes the second day of the FOMC, the policy rate decision, and a press conference by Fed Chair Kevin Warsh.
- Major U.S. data releases will continue this week, including durable goods orders, the consumer confidence index, the PCE price index, the advance GDP reading, and the employment cost index.
- The calendar also includes earnings from major companies such as Alphabet, Microsoft and Amazon, along with a Flux block reward reduction, an Osmosis upgrade, and a GMX buyback.
Forecast Trend Report by Period
<This week’s key economic events>
▶︎Oct. 26 (Mon.): △Corporate earnings: Verizon
▶︎Oct. 27 (Tue.): △U.S. September durable goods orders (9:30 p.m. Korea Standard Time) △U.S. October consumer confidence index (11 p.m. Korea Standard Time) △Federal Open Market Committee Day 1 △Corporate earnings: Visa, Boeing, Coca-Cola, PayPal
▶︎Oct. 28 (Wed.): △FOMC Day 2 and policy rate decision (3 a.m. Korea Standard Time on Oct. 29) △Fed Chair Kevin Warsh press conference (3:30 a.m. Korea Standard Time on Oct. 29) △Corporate earnings: Alphabet, Microsoft
▶︎Oct. 29 (Thu.): △U.S. weekly initial jobless claims (9:30 p.m. Korea Standard Time) △U.S. September personal consumption expenditures price index (9:30 p.m. Korea Standard Time) △U.S. third-quarter advance gross domestic product reading (9:30 p.m. Korea Standard Time) △Corporate earnings: Amazon, SanDisk, Starbucks, Merck, Caterpillar, Mastercard
▶︎Oct. 30 (Fri.): △U.S. third-quarter employment cost index (9:30 p.m. Korea Standard Time) △Speech by Alberto Musalem, president of the Federal Reserve Bank of St. Louis △Corporate earnings: Exxon Mobil, Chevron, AbbVie
<This week’s key cryptocurrency events>
▶︎Oct. 26 (Mon.): △Flux (FLUX) block reward reduction
▶︎Oct. 27 (Tue.): △Osmosis (OSMO) v32 upgrade
▶︎Oct. 28 (Wed.): △GMX buyback and introduction of an unstaking lock
▶︎Oct. 29 (Thu.): △Velo (VELO) community town hall
▶︎Oct. 30 (Fri.): △No major events
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.