Economic calendar of events June 3-9 that can influence the crypto market. This week there is a lot of important macro data. First of all, from the United States and, above all, on the labor market. Tuesday and Friday are especially important.

At the same time, there will not be a single speech by members of the US Federal Reserve this week, the reason is that they have a “week of silence” before the next meeting and decision on the interest rate on June 12.

A complete list of important events for the week is on the screenshots. Key:

Monday, June 3:

- 16:45 Kyiv time and Moscow time / 18:45 Astana time - US manufacturing business activity index (PMI) for May. Important for assessing the production potential of the United States and the risks of recession.

- 17:00 Kyiv time and Moscow time / 19:00 Astana time - Pool of data on the US manufacturing sector for May: Employment index in the manufacturing sector from ISM, Business Activity Index in the manufacturing sector (PMI), Price Index in the manufacturing sector from ISM. They are important for assessing production potential, the labor market, and inflationary pressure. 

Tuesday, June 4:

- 09:30 Kyiv time and Moscow time / 11:30 Astana time - Swiss Consumer Price Index. It will show the success of the fight against inflation in the Swiss franc. Important for calculating the US Dollar Index#DXY(which has an inverse correlation with the crypto market).

- 17:00 Kyiv time and Moscow time / 19:00 Astana time - The volume of industrial orders in the USA for April. Important for assessing recession risks.

❗️- 17:00 Kyiv time and Moscow time / 19:00 Astana time - The number of open vacancies on the JOLTS labor market in the USA for April. Traditionally, a very important indicator for the US Federal Reserve in interest rate decisions. Plus is also important for assessing recession risks.

Wednesday, June 5:

- 15:15 Kyiv time and Moscow time / 17:15 Astana time - Change in the number of people employed in the US non-agricultural sector from ADP for May. Important for assessing the labor market.

- 16:45 Kyiv time and Moscow time / 18:45 Astana time - Business activity index (PMI) in the US services sector for May.  Important for assessing recession risks.

- 16:45 Kyiv time and Moscow time / 18:45 Astana time - Bank of Canada decision on interest rate. Publication of the Bank of Canada's Monetary Policy Report, Accompanying Statement. Important for the US Dollar Index DXY. The Canadian dollar is included in the calculation formula.

- 17:00 Kyiv time and Moscow time / 19:00 Astana time - US non-manufacturing data pool for May: Non-manufacturing employment index (ISM), ISM US non-manufacturing purchasing managers index, ISM non-manufacturing price index . Important for the US Federal Reserve's interest rate actions and for assessing recession risks.

Thursday, June 6:

- 15:15 Kyiv time and Moscow time / 17:15 Astana time - Decision on the interest rate of the European Central Bank. ECB Monetary Policy Statement. Important for assessing the risks of recession in the Eurozone and because of the DXY (the role of the euro in the calculation of the Index is high).

❗️ - 15:30 Kyiv time and Moscow time / 17:30 Astana time - Weekly number of initial applications for unemployment benefits in the USA. The labor market is important for the US Federal Reserve's interest rate actions.

- 15:30 Kyiv time and Moscow time / 17:30 Astana time - Volume of US exports and imports. Trade balance. Important for assessing the state of the economy.

- 15:45 Kyiv time and Moscow time / 17:45 Astana time - Press conference of the European Central Bank.

- 17:15 Kyiv time and Moscow time / 19:15 Astana time - The head of the European Central Bank Lagarde will give a speech.

- 23:30 Kyiv time and Moscow time / 01:30 new day Astana time - US Federal Reserve balance sheet. They will show how things are going in the financial sector; the Fed is entering the period of completion of quantitative tightening.

Friday, June 7:

- 12:00 Kyiv time and Moscow time / 14:00 Astana time - EU GDP for the first quarter of 2024. Important for assessing the risks of recession.

❗️- 15:30 Kyiv time and Moscow time / 17:30 Astana time - US labor market data pool: Average hourly wage, Change in the number of employees in the non-agricultural sector, Share of the economically active population, Unemployment rate.

- 17:15 Kyiv time and Moscow time / 19:15 Astana time - The head of the European Central Bank Lagarde will give a speech.

- 18:07 Kyiv time and Moscow time / 20:07 Astana time - Volume of exports and imports of China. Trade balance. Important for assessing the state of the economy.