Clarity Act returns to U.S. Senate, Bank earnings: Crypto Week Ahead
Your look at what’s coming in the week starting April 13.
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 macro front will see markets digest critical data, including U.S. producer price inflation, to help assess the Federal Reserve’s interest-rate policy direction.
Earnings from Goldman Sachs, JPMorgan and BlackRock could provide additional hints on how their crypto-linked ventures are faring and how institutional appetite is evolving.
What to Watch
(All times ET)
- Crypto
- April 13: U.S. Senate returns from recess and negotiations on the Clarity Act will resume.
- April 13: Comment period closes for the U.S. National Credit Union Administration’s proposed rule on permitted payment stablecoin issuer applications
- April 15: U.S. tax filing deadline, including crypto, for individual income tax returns.
- April 17: Mercado Libre shuts down Mercado Coin.
- Macro
- April 13: China M2 Money Supply YoY for March est. 8.9% (Prev. 9%)
- April 14, 8:30 a.m.: U.S. Producer Price Index (PPI) MoM for March (Prev. +0.7%); Core PPI MoM (Prev. 0.5%)
- April 15, 09:00 p.m.: China GDP Growth Rate YoY for Q1 est. 5% (Prev. 4.5%)
- April 16, 04:00 a.m.: Euro Area Consumer Price Index (CPI) rate YoY for March est. 2.3% (Prev. 2.4%)
- April 16, 7:30 a.m.: U.S. Initial Jobless Claims for week ending April 11 (Prev. 219K)
- April 17, 2:00 p.m.: U.S. Fed Governor Christopher J. Wallet speech on Economic Outlook.
- Earnings (Estimates based on FactSet data where available)
- April 13: Goldman Sachs (GS), pre-market, $16.41
- April 14: JPMorgan Chase (JPM), pre-market, $5.47
- April 14: BlackRock (BLK), pre-market, $12.06
- April 15: Morgan Stanley (MS), pre-market, $3.02
- April 16: Bank of New York (BNY), pre-market, $1.93
