Today, as every week crypto currency We will discuss the developments that concern the markets and await us. This week will be extremely intense and after the PPI data that received last week, the importance of the coming days has increased. The risk of decrease in the last week caused more than $ 1 billion liquidation in one day. So what developments that concern crypto currencies this week will cause volatility?
Important developments in crypto currencies
The tariffs were completely commissioned this month and the effective customs duties rate spread to around 17 %. In other words, this means that the increase in inflation with tariff -reasoned inflation in goods and service prices will become evident. Until the interest rate decision in September, we will see 1 more employment and inflation report. The last PCE that we see is very bad because the PCE, which is the inflation indicator followed by the FED, has weakened. BTC The new week continues at 15 thousand dollars.
With the details of the day and time, you see the important developments waiting for us in the coming days below.
Tuesday, August 19
- 21:10 Fed/Bowman will speak (one of the 2 members who want an interest rate reduction in July and what they will say after the PPI data)
- 1inc (“It is time to merge defi” shared to August 19 with the sharing, this is the announcement will come)
Wednesday, August 20
- 12:00 euro region CPI annual final (expectation and previous: 2 %)
- 18:00 Fed/Waller
- 21:00 Fed minutes
- 22:00 Fed/Bostic
- Flare Fassets v1.2 launch
Thursday, August 21st
- 12: 35-14: 00 Alibaba, Walmart earning reports
- 14:30 Fed/Bostic
- 15:00 Jackson Hole Symposium (All Day)
- 16:45 US S&P Service PMI pioneer (Expectation: 54,2)
- 16:45 US S&P manufacturing PMI pioneer (Expectation and Previous: 49.8)
- Coinfest Asia (21-22 August)
- Gala Coin Vexi Villages Update
- Starknet SNIP-31 voting (Locking BTC to your token and getting a Strk award)
Friday, August 22
- 15:00 Jackson Hole Symposium (All Day)
- 17:00 Fed President Powell’s opening speech
23 August Saturday
- 15:00 Jackson Hole Symposium (All Day)
- 19:25 The President of the European Central Bank will talk
Will be careful
In the Fed minutes, we can see more details about the effect of tariffs on inflation and concerns. If TrumpIf we see surprise details such as the attitude of the Fed to the Fed, the forcing the institution to make political decisions, it may bring these shock decreases. Since we have the opportunity to clearly understand the motivation of the members who vote in favor of leaving interest rates, we will see a report that may affect medium -term expectations.
Jackson Hole One of the most important events of the year in which the heads of the Central Bank in the world is gathered and the most important events of the year. This month, where the tariffs are handled extensively, the explanations coming from here will have a serious impact on prices. Powell’s speech here should be closely watched. PMI pioneer data creates volatility if surprise is low/high. Tomorrow Bowman’s statements will be made in despite the PPI data, we can learn whether he still wants to reduce interest rates will be very important.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
