PCE, jobless claims and housing data test Fed cut hopes: Crypto Week Ahead
Your look at what’s coming in the week starting May 25.
What to know:
Crypto Week Ahead is a comprehensive list of what’s coming up in the world of cryptocurrencies and blockchain, as well as the major macroeconomic events that will influence digital asset markets.
The data comes amid the ongoing Middle East war, which keeps oil prices and inflation risk in focus. Any move higher in energy costs could make softer inflation harder to sustain and weigh on risk assets.
What to Watch
(All times ET)
- Crypto
- May 26–June 1: Kevin Warsh officially begins his first week as Federal Reserve Chair following his confirmation.
- Macro
- May 26, 08:00 a.m.: U.S. S&P/Case-Shiller Home Price YoY for March est. 1.1% (Prev. 0.9%)
- May 26, 08:00 a.m.: U.S. House Price Index YoY for March est. 1.8% (Prev. 1.7%)
- May 26, 09:00 a.m.: U.S. CB Consumer Confidence for May est. 92 (Prev. 92.8)
- May 26, 08:30 p.m.: Australia Consumer Price Index YoY for April est. 4.4% (Prev. 4.6%)
- May 27, 08:00 p.m.: Bank of Korea Interest Rate Decision (Prev. 2.5%)
- May 28, 04:00 a.m.: Eurozone Economic Sentiment for May est. 92 (Prev. 93)
- May 28, 07:30 a.m.: U.S. PCE Price Index YoY for April (Prev. 3.5%); Core PCE (Prev. 3.2%)
- May 28, 07:30 a.m.: U.S. Initial Jobless Claims for period ending May 23 est. 212K (Prev. 209K)
- May 28, 08:00 a.m.: South Africa Reserve Bank Interest Rate Decision est. 7.0% (Prev. 6.75%)
- May 28, 09:00 a.m.: U.S. New Home Sales for April est. 0.67M (Prev. 0.682M)
- May 28, 03:30 p.m.: U.S. Fed Balance Sheet for period ending May 27 (Prev. $6.713T)
- May 28, 06:30 p.m.: Japan Tokyo Consumer Price Index YoY Prel for May (Prev. 1.5%)
- May 29, 07:30 a.m.: Canada GDP Growth Rate Annualized for Q1 (Prev. -0.6%); QoQ (Prev. -0.2%)
- May 29, 08:45 a.m.: U.S. Chicago PMI for May est. 49.5 (Prev. 49.2)
- May 30, 08:30 p.m.: China NBS Manufacturing PMI for May est. 50.5 (Prev. 50.3)
- Earnings
- Nothing scheduled.
