**A 36-hour monetary rollercoaster will start with the FED's probable decision to cut interest rates on Wednesday, and finish on Friday with the outcome of the BOJ’s first meeting since it raised borrowing costs and helped sow the seeds of a global selloff.
Macro:
*Lawsuit against TikTok ban set to begin on 16 [A court will hear arguments about whether the US GOV. can ban TikTok, based on evidence it doesn’t want anyone — including the social media company — to see]
*US: Fed Interest Rate Decision on 18 [25-vs-50 basis point rate cut discussion (50:50 odds, It is the first meeting in years where there's serious uncertainty about the rates decision)]
*Japan: Trade data on 18
*UK: BoE rate decision on 19
*US: Initial jobless claims on 19
*Japan: CPI on 20
*Japan: BoJ Interest Rate Decision 20
*China: loan prime rates on 20
*US Labor Department, BLS: State Employment & Unemployment, Monthly Report on 20
*US: GDP (QoQ) (Q2) on 26
*US: PCE on 27
Crypto:
*Trump's World Liberty Financial Project Launch on 16
*Sky [MakerDAO] to launch its new SKY governance token and USDS stablecoin on 18
*Terraform Labs's Chapter 11 bankruptcy reorganization hearing on 19
*Final SEC decision deadline for Bitcoin ETF Options is 21: infinityhedge
*Carolyn Ellison [former CEO of Alameda Research] is set to be sentenced on 24
*Hamster Kombat (HMSTR) TGE, Airdrop and exchange listings [Binance, etc] on 26
*Changpeng Zhao aka 'CZ' expected to release from prison on 29
*Uniswap v4's launch set for Q3
Events:
*Token2049 Singapore Event [18-19]: [Speakers: Vitalik Buterin, Charles Hoskinson, Anatoly Yakovenko, Richard Teng, Balaji Srinivasan, Snowden, Nic Carter, Eric Wall, Mert Mumtaz, Jason Choi, and Founders or CEOs: EigenLayer, Polymarket, Aave Labs, Ethena Labs, Electric Capital, infinityhedge?, Wintermute, DWF Labs, Circle, Chainlink, Monad, Render Network, Akash Network, Helium Foundation, Securitize, Polygon, NEAR, Curve, etc....
*Solana Breakpoint Event [19-21]
*European Blockchain Convention [25-26]
Token Unlocks: $700M-$800M [till month end]
⊷ ARB: $50M: 2.6% on 16
⊷ ID: $27M: 18.2% on 22
⊷ OP: $48.6M: 2.6% on 30
⊷ SUI: $70M: 3.2% on Oct. 1
**TIA: ~$850M: 83% of float on Oct. 30
**What Bloomberg Economics Says:
“We think Fed Chair Jerome Powell supports a 50-basis point cut. However, the lack of a clear signal from New York Fed President John Williams before the pre-meeting blackout period makes us think Powell doesn’t have the full committee’s support.”
Fed Funds Futures Now Show 58% Probability of 50bps Rate Cut, 42% for 25bps