Important Developments and Economic Data of the Week
Crypto Regulation Will Be on the Agenda in the Turkish Grand National Assembly:
• The general assembly of the Turkish Grand National Assembly will start on June 25 and discuss the bill regarding cryptocurrency regulation.
Monday:
AdEx and AirDAO Announcements:
• AdEx ($ADX) and AirDAO ($AMB) will make important announcements on June 26.
Wednesday:
Layer 2 Network Will Launch Blast Airdrop:
• Layer 2 network Blast will launch an airdrop on June 27.
SEC Case with Ripple:
• Important developments or decisions in the case between Ripple and the SEC may be announced on June 27
Thursday:
CBRT Interest Rate Decision:
• The Central Bank of the Republic of Turkey (CBRT) will announce the interest rate decision on June 27 at 14:00. The expectation is that the interest rate will remain constant.
US GDP Data:
• US GDP data will be released on June 27 at 15:30. The expectation is 1.4% growth
Friday:
US Core Personal Consumption Expenditures:
• Core personal consumption expenses in the USA will be announced on June 28 at 15:30. The expectation is for a monthly increase of 0.1%
Ethereum Developer Meeting:
• On June 28, Ethereum developers will share updates on Shanghai upgrade and other network improvements
Other Important Economic Data:
Wednesday, June 26, 2024:
• 17:00 - CB Consumer Confidence (June)
◦ Prediction: 100.2
◦ Previous: 102.0
• 17:30 - New Home Sales (May)
◦ Estimate: 650K
◦ Previous: 634K
• 17:30 - Crude Oil Stocks
◦ Previous: -2.547M
Thursday, June 27, 2024:
• 15:30 - GDP (Quarterly) (1st Quarter)
◦ Prediction: 1.4%
◦ Previous: 1.3%
• 15:30 - Applications for Unemployment Rights
◦ Estimate: 240K
◦ Previous: 238K
Friday, June 28, 2024:
• 15:30 - Core Personal Consumption Expenditures (Monthly) (May)
◦ Estimate: 0.1%
◦ Previous: 0.2%
• 15:30 - Core Personal Consumption Expenditures (Annual) (May)
◦ Previous: 2.8%
• 18:00 - Fed Monetary Policy Report