Economic calendar of events from December 9-15 that could impact the crypto market.
Key macroeconomic day of the week is Tuesday, when US consumer inflation data will be published. Second place goes to Thursday, when US producer inflation data will be published.
Otherwise, the week is calm. The members of the US Federal Reserve have a 'quiet week' ahead of the Federal Reserve meeting on December 18. It is also worth noting - many data from national banks, whose decisions are important for the US Dollar Index DXY.
Schedule:
Monday, December 9:
Today, Japan's GDP data was released (better than expected), China's Consumer Price Index (worse than expected), and China's Producer Price Index (worse than expected). The significance for the crypto market is indirect. They are more important for assessing the global economy as a whole.
Tuesday, December 10:
- 05:00 Kyiv time / 06:00 MSK time / 08:00 Astana time - Trade balance, import and export volumes of China in November. Its importance for the market is also indirect.
- 15:30 Kyiv time / 16:30 MSK time / 18:30 Astana time - Non-farm productivity in the US (q/q) (Q3). Important for assessing recession risks.
- 15:30 Kyiv time / 16:30 MSK time / 18:30 Astana time - Labor costs in the US (q/q) (Q3). An inflationary factor, important for the US Federal Reserve ahead of the interest rate meeting.
Wednesday, December 11:
❗️- 15:30 Kyiv time / 16:30 MSK time / 18:30 Astana time - US Consumer Price Index and US Core Consumer Price Index (m/m) (November). One of the key factors in the Federal Reserve's decision-making on interest rates.
- 16:45 Kyiv time / 17:45 MSK time / 19:45 Astana time - Bank of Canada's interest rate decision. Accompanying statement. The Canadian dollar is factored into the US Dollar Index DXY calculation.
- 21:00 Kyiv time / 22:00 MSK time / 00:00 next day Astana time - US Federal Budget Report (November). Important for assessing monetary policy.
Thursday, December 12:
- 09:00 Kyiv time / 10:00 MSK time / 12:00 Astana time - Consumer Price Index in Sweden (m/m) (November). The Swedish krona is factored into the DXY calculation.
- 10:30 Kyiv time / 11:30 MSK time / 13:30 Astana time - Swiss National Bank's interest rate decision (Q4), assessment of the Swiss National Bank's monetary policy. The Swiss franc is factored into the DXY calculation.
- 15:15 Kyiv time / 16:15 MSK time / 18:15 Astana time - European Central Bank interest rate decision. ECB monetary policy statement. The euro plays a key role in the DXY calculation. This is also somewhat a 'spoiler' for the US Federal Reserve's decision on December 18.
❗️- 15:30 Kyiv time / 16:30 MSK time / 18:30 Astana time - Weekly number of initial claims for unemployment benefits in the US. Important for the US Federal Reserve in their interest rate decision.
❗️- 15:30 Kyiv time / 16:30 MSK time / 18:30 Astana time - US Producer Price Index and US Core Producer Price Index (m/m) (November). Producer inflation in the States, a leading indicator for US consumer inflation data in December.
- 17:15 Kyiv time / 18:15 MSK time / 20:15 Astana time - ECB President Lagarde will give a speech.
❗️- 23:30 Kyiv time / 00:30 next day MSK time / 02:30 next day Astana time - US Federal Reserve Balance Sheet. Quantitative tightening continues.
Friday, December 13:
- 09:00 Kyiv time / 10:00 MSK time / 12:00 Astana time - GDP, Industrial Production Volume, and Trade Balance of the United Kingdom. Important due to the UK's role in the global economy, indirect influence on the crypto market.
- 15:30 Kyiv time / 16:30 MSK time / 18:30 Astana time - US Export and Import Price Index (m/m) (November). Important for assessing recession risks.
