The crypto market is closely connected to macroeconomic data. CryptoQuant analyst Darkfost提醒 on the X platform that this week, multiple key economic indicators will be released intensively in U.S. time, which could significantly influence the trend of the crypto market. Investors should closely monitor the release of these data to make more informed trading decisions.
Early Week Data Releases: Manufacturing and Employment Trends
On Monday, the ISM Manufacturing Purchasing Managers’ Index (PMI) will be announced, an important indicator of the health of the U.S. manufacturing economy. On Tuesday, JOLTS job openings and labor turnover data will be published, reflecting supply and demand in the labor market and workforce mobility. The performance of these two data points will lay the foundation for subsequent employment data releases.
Midweek Key Releases: Employment and Service Sector Overview
Wednesday is a crucial day for data releases this week, with three significant indicators. The ADP employment change report will be released first, providing an early signal of the potential direction of non-farm payrolls. Following that, the S&P Global Composite PMI Final and ISM Services PMI will be published, respectively reflecting overall economic activity and the health of the service sector, offering a comprehensive assessment of economic vitality.
Weekend Decisive Data: Unemployment and Consumer Sentiment
On Thursday, U.S. time, initial unemployment claims will be released, offering a real-time snapshot of unemployment conditions. On Friday, the most critical data of the week will be released simultaneously, including non-farm payrolls, unemployment rate, average hourly earnings, and the University of Michigan Consumer Sentiment Index. These widely watched figures often have a significant impact on risk assets, including cryptocurrencies.
Investors are advised to familiarize themselves with the specific release times of these data points in U.S. time and prepare for risk management accordingly.
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Overview of this week's economic data release schedule in U.S. time
The crypto market is closely connected to macroeconomic data. CryptoQuant analyst Darkfost提醒 on the X platform that this week, multiple key economic indicators will be released intensively in U.S. time, which could significantly influence the trend of the crypto market. Investors should closely monitor the release of these data to make more informed trading decisions.
Early Week Data Releases: Manufacturing and Employment Trends
On Monday, the ISM Manufacturing Purchasing Managers’ Index (PMI) will be announced, an important indicator of the health of the U.S. manufacturing economy. On Tuesday, JOLTS job openings and labor turnover data will be published, reflecting supply and demand in the labor market and workforce mobility. The performance of these two data points will lay the foundation for subsequent employment data releases.
Midweek Key Releases: Employment and Service Sector Overview
Wednesday is a crucial day for data releases this week, with three significant indicators. The ADP employment change report will be released first, providing an early signal of the potential direction of non-farm payrolls. Following that, the S&P Global Composite PMI Final and ISM Services PMI will be published, respectively reflecting overall economic activity and the health of the service sector, offering a comprehensive assessment of economic vitality.
Weekend Decisive Data: Unemployment and Consumer Sentiment
On Thursday, U.S. time, initial unemployment claims will be released, offering a real-time snapshot of unemployment conditions. On Friday, the most critical data of the week will be released simultaneously, including non-farm payrolls, unemployment rate, average hourly earnings, and the University of Michigan Consumer Sentiment Index. These widely watched figures often have a significant impact on risk assets, including cryptocurrencies.
Investors are advised to familiarize themselves with the specific release times of these data points in U.S. time and prepare for risk management accordingly.