Economic calendar of events for December 2-8 that could impact the crypto market

Economic calendar of events from December 2-8 that could impact the crypto market.

Tuesday and Friday - US labor market data. Wednesday - speech by US Federal Reserve Chairman Powell.

Overall, the key events are:

Monday, December 2:

- 12:00 Kyiv time / 13:00 Moscow time / 15:00 Astana time - ECB President Lagarde gave a speech. No surprises.

- 12:00 Kyiv time / 13:00 Moscow time / 15:00 Astana time - EU Unemployment (October). Within the forecast. Important for recession risks and because of the role of the euro in the DXY calculation.

- 16:45 Kyiv time / 17:45 Moscow time / 19:45 Astana time - US Manufacturing PMI. Important for the US Federal Reserve interest rate and recession risks.

- 17:00 Kyiv time / 18:00 Moscow time / 20:00 Astana time - Another pool of data on the US manufacturing sector for November: ISM Manufacturing Employment Index, ISM Manufacturing PMI, ISM Manufacturing Price Index. Important for the same reasons.

- 22:15 Kyiv time / 23:15 Moscow time / 01:15 new day Astana time - Speech by US Federal Reserve member Waller (permanent member, closer to "hawkish" rhetoric and with the right to vote).

- 23:30 Kyiv time / 00:30 new day Moscow time / 02:30 new day Astana time - Speech by US Federal Reserve member Williams (member with "dovish" rhetoric and the right to vote).

Tuesday, December 3:

❗️- 17:00 Kyiv time / 18:00 Moscow time / 20:00 Astana time - The number of open vacancies in the JOLTS labor market in the United States (October). Important for the US Federal Reserve interest rate and recession risks.

Wednesday, December 4:

- 11:00 Kyiv time / 12:00 Moscow time / 14:00 Astana time - Bank of England Governor Bailey's speech. Important due to the role of the pound sterling for the DXY.

- 15:15 Kyiv time / 16:15 Moscow time / 18:15 Astana time - Change in the number of people employed in the non-farm sector in the US from ADP (November). Important for the US labor market.

- 15:30 Kyiv time / 16:30 Moscow time / 18:30 Astana time - ECB President Lagarde will give a speech.

- 16:45 Kyiv time / 17:45 Moscow time / 19:45 Astana time - US Services PMI. Important for the US Federal Reserve interest rate and recession risks.

- 17:00 Kyiv time / 18:00 Moscow time / 20:00 Astana time - US Industrial Orders (October). As well as the US ISM Non-Manufacturing Employment Index and the US ISM Non-Manufacturing Price Index for November. Important for recession risks.

- 17:30 Kyiv time / 18:30 Moscow time / 20:30 Astana time - Speech by ECB head Lagarde.

❗️- 20:45 Kyiv time / 21:45 Moscow time / 23:45 Astana time - Speech by US Federal Reserve Chairman Powell.

- 21:00 Kyiv time / 22:00 Moscow time / 00:00 new day Astana time - Publication of the US Federal Reserve System's "Beige Book" (economic overview by states). Important for understanding the economic situation.

Thursday, December 5:

- 09:00 Kyiv time / 10:00 Moscow time / 12:00 Astana time - Swedish Consumer Price Index. Important due to the role of the Swedish krona in #DXY.

❗️- 15:30 Kyiv time / 16:30 Moscow time / 18:30 Astana time - Weekly number of initial applications for unemployment benefits in the US.

- 15:30 Kyiv time / 16:30 Moscow time / 18:30 Astana time - US exports and imports. Important for recession risks.

❗️- 23:30 Kyiv time / 00:30 new day Moscow time / 02:30 new day Astana time - US Federal Reserve Balance Sheet. Quantitative tightening continues.

Friday, December 6:

- 12:00 Kyiv time / 13:00 Moscow time / 15:00 Astana time - EU GDP for Q3 2024. Important for recession risks. Indirect impact on DXY.

❗️- 15:30 Kyiv time / 16:30 Moscow time / 18:30 Astana time - US labor market data pool for November: Average hourly earnings, Change in the number of people employed in the non-farm sector, Share of economically active population, Unemployment rate.

- 17:15 Kyiv time / 18:15 Moscow time / 20:15 Astana time - Speech by US Federal Reserve member Bowman (permanent chairman, closer to the "hawks").

- 18:00 Kyiv time / 19:00 Moscow time / 21:00 Astana time - Data from the University of Michigan: Expected inflation, US consumer inflation expectations index for 5 years ahead, Consumer expectations index, Consumer sentiment index. There have already been reasons for the surge in volatility.

- 20:00 Kyiv time / 21:00 Moscow time / 23:00 Astana time - Speech by US Federal Reserve member Daly (with dovish rhetoric and the right to vote).