bitcoin and cryptocurrency What important economic events await the next week after the market spent a week on the rise?
Monday
Chinese and South Korean markets will be closed for the Chinese New Year.
17:30 CET
Fabio Panetta, member of the Executive Board of the European Central Bank, will speak. Panetta’s speeches often contain indications of the possible future direction of monetary policy.
20:45 CET
Christine Lagarde, President of the European Central Bank (ECB), will speak.
22:00 CET
Cryptocurrency lender Genesis Global Capital’s “First Day Hearing” in its Chapter 11 bankruptcy case will take place on Monday, according to court filings.
Tuesday
The Chinese market will be closed due to the Chinese New Year.
12:45 CET
Christine Lagarde, President of the European Central Bank (ECB), will speak.
Wednesday
The Chinese market will be closed due to the Chinese New Year.
Thursday
The Chinese market will be closed due to the Chinese New Year.
16:30 CET
US initial jobless claims data will be released. (Expectation: 199,000, Previous: 190,000)
US Gross Domestic Product (GDP) will be released. (Expected: 2.8%, Previous: 3.2%)
Friday
The Chinese market will be closed due to the Chinese New Year.
13:30 CET
Christine Lagarde, President of the European Central Bank (ECB), will speak.
16:30 CET
Core Personal Consumption Expenditure (PCE) Price Index will be released. (Exp.: 0.3%, Previous: 0.2%)
The Core Personal Consumption Expenditure (PCE) Price Index measures changes in the prices of goods and services purchased by consumers for consumption purposes, excluding food and energy.
Prices are weighted by total spend per item. It measures the price change from the perspective of the consumer. It is an important way to measure changes in purchasing trends and inflation.
*Not investment advice.
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