As we enter April, investors and economists watch closely for upcoming events that could have significant implications. economy under the spotlight. Here are some important dates you should keep on your radar to stay informed.
US Non-Farm Employment (April 7)
The US nonfarm payrolls report, to be released on April 7, will provide information on the state of the American job market. The report will reveal the number of new jobs added in March and the unemployment rate. The data shows both the stock market and US DollarIt is important because it can affect the value of .
Ethereum Shanghai Upgrade (April 12)
eagerly awaited Ethereum Shanghai The upgrade will take place on April 12. This upgrade aims to improve the efficiency and security of the Ethereum blockchain, which is the backbone of many decentralized finance (DeFi) applications. Perhaps the most impressive improvement that the fork will bring is that it will allow stakers and validators to withdraw assets from the Beacon Chain. The upgrade is likely to positively impact the Ethereum ecosystem and potentially increase the value of ETH.
FOMC Minutes (April 12)
The same day as Ethereum is raised, the Federal Open Market Committee (FOMC) will release the minutes of its last meeting. The FOMC is the arm of the US Federal Reserve responsible for setting monetary policy. Investors, FedThey will watch the minutes closely for insights into ‘s interest rates and economic stimulus plans.
CPI Data Disclosure (April 12)
Koinfinans.com As we have reported, the Consumer Price Index (CPI) measures the change in the prices of goods and services purchased by consumers. On April 12, the US Bureau of Labor Statistics will release March CPI data. CPI is an important inflation indicator that can affect the value of currencies and the stock market.
PPI Data Disclosure (April 13)
The Producer Price Index (PPI) measures the change in prices of goods and services at the producer level. PPI data for March will be announced on 13 April. These data are important to investors as they can give an idea of future inflation trends.
GDPR Report (April 27)
On April 27, the US Bureau of Economic Analysis will release its first estimate of the Gross Domestic Product (GDP) for the first quarter of 2023. GDP is a measure of economic activity in a country and the report will give an idea of the strength of the US economy. Investors will be watching the report closely to see if there are any signs of growth or contraction.