Important events for the crypto market on November 27 from the economic calendar

Important events for the crypto market on November 27 from the economic calendar.

Today in macroeconomics - a key day of the week and one of the key days of the entire month.

Before heading off to celebrate Thanksgiving, the States are releasing a plethora of important data all at once. Be prepared for increased volatility during this time:

- 15:30 Kyiv time / 16:30 MSK / 18:30 Astana time - Data pool on the US economy: Core Durable Goods Orders for October, Durable Goods Orders for October. The data is important for understanding the situation in the American economy and recession risks. Additionally, higher than forecasted values for durable goods is a positive indicator for #USD, while data below forecast negatively impacts USD. This also relates to the movement of the #DXY Index.

❗️- 15:30 Kyiv time / 16:30 MSK / 18:30 Astana time - Core Personal Consumption Expenditures Price Index in the USA for the third quarter of 2024. Important for assessing the results of the US Federal Reserve's fight against consumer inflation. One of the key metrics for evaluating success in this battle. Will influence the December interest rate decision.

- 15:30 Kyiv time / 16:30 MSK / 18:30 Astana time - GDP of the USA for the third quarter of 2024, GDP Deflator, Balance of Trade in Goods. Important for assessing recession risks. Already caused increased volatility in the crypto market in 2024.

❗️- 15:30 Kyiv time / 16:30 MSK / 18:30 Astana time - Weekly number of initial claims for unemployment benefits in the USA.

❗️- 17:00 Kyiv time / 18:00 MSK / 20:00 Astana time - Core Personal Consumption Expenditures Price Index in the USA (y/y) (October), Personal Consumption Expenditures Price Index in the USA (y/y) (October). Important for assessing the results of the US Federal Reserve's fight against consumer inflation. One of the key metrics for evaluating success in this battle. Will influence the December interest rate decision.

- 17:00 Kyiv time / 18:00 MSK / 20:00 Astana time - Personal Consumption Expenditures in the USA (m/m) (October). An inflationary factor, also important for the Federal Reserve.