Important events for the crypto market on December 4 from the economic calendar

Important events for the crypto market on December 4 from the economic calendar.

Today's schedule includes a lot of data on the US macroeconomy, but it is not enough to be a reversal for the crypto market. Although they will say a lot about the risks of a recession. Potentially the key event of the day is the speech of the head of the US Federal Reserve, Jerome Powell. Statistics show that outside of the Fed meetings, his speeches rarely bring increased volatility to the market. But it is worth taking into account.

Schedule:

- 15:15 Kyiv time / 16:15 Moscow time / 18:15 Astana time - Change in the number of employed in the US non-farm sector 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. Important for the euro and therefore for the US Dollar Index DXY.

- 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.