Important events for the crypto market on July 26 from the economic calendar. Today is again an important day in macroeconomics, and again because of the States, and dreams at 15:30 Kyiv time and Moscow time / 17:30 Astana time. When a large pool of data on expenses is released.

Schedule:

❗️- 15:30 Kyiv time and Moscow time / 17:30 Astana time - Basic price index of personal consumption expenditures in the USA for June, Price index of personal consumption expenditures in the USA for June, Expenses of individuals in the USA for June. Indices are important for assessing the results of the US Federal Reserve's fight against consumer inflation. One of the key metrics for assessing the success of the fight. Will affect interest rate forecasts until the end of 2024.

- 17:00 Kyiv time and Moscow time / 19:00 Astana time - Expected inflation in the US for July from the University of Michigan, Index of consumer inflation expectations in the US for 5 years ahead from the University of Michigan, Indices of consumer expectations and sentiment from the University of Michigan. The value of the data is not great. But in recent months, they have already been used as a reason for significant movements in the crypto market.

Yesterday's US GDP data somehow missed the markets, although they were positive. US GDP for the second quarter was +2.8%, with a forecast of +2% and +1.4% in the first quarter. The estimate is preliminary, but the figure is still important. And although growth was below the average quarterly growth rate of 3.1% between 2021 and 2023, the risks of a recession have decreased and the chances of a soft landing have become higher.