Timetable of important events this week (March 25 to March 29). Macro: This week we need to focus on Friday’s core PCE data. Last week’s speech by Federal Reserve Chairman Powell reiterated expectations for an interest rate cut. If this Friday’s data does not exceed expectations by too much, the Fed’s interest rate policy will not have much impact on the currency market for the time being. Influence.
Crypto market: Bitcoin and the entire cryptocurrency market have experienced a deep correction in the past week. However, with the Federal Reserve’s dovetailing, cryptocurrencies led by Bitcoin have rebounded as a whole. The risk of BTC falling further is now reduced, and Dvol has also dropped further to 72.5, as the delivery day approaches, Dvol is likely to fall further, and the current correction is likely to have come to an end. Spot Bitcoin ETF data may continue to dominate market sentiment this week.
Big news this week:
Monday, March 25th
The trial date of the US SEC v. Do Kwon has been postponed to March 25;
Tuesday, March 26th
Tornado Cash developer Alexey Pertsev will go on trial in the Netherlands on March 26;
Thursday, March 28
The sentencing of FTX founder SBF by a US federal judge is scheduled for March 28. On November 2 last year, jurors found SBF guilty of all seven counts of fraud and conspiracy;
The revised GDP of the United States is released, and the number of initial jobless claims in the United States;
Friday, March 29
The annual rate of the core PCE price index in the United States in February.
