PBOC Meeting
The People’s Bank of China is having a monetary policy meeting. A key macroeconomic factor currently is the Evergrande debt crisis and over-leveraged property developers in China. Although there is generally a ban on Crypto in China, Asian markets in particular have been concerned with the growing debt crisis in China and reacting strongly to...
BoJ Meeting
The Bank of Japan is having a monetary policy meeting. For more information on how central bank monetary meetings effect Crypto, click here.
ECB Meeting
The European Central Bank is having a monetary policy meeting. For more information on how central bank monetary meetings effect Crypto, click here.
Evergrande Bond Payment
$117.5m in interest payments is owed by Evergrande group. Our full report on the over-indebted property sector can be found here.
Evergrande Bond Payment
$235m in interest payments is owed by Evergrande group. Our full report on the over-indebted property sector can be found here.
FED Meeting
The US Federal Reserve is having a monetary policy meeting. Being the largest economy in the world, these meetings are keenly watched and have far reaching consequences. A useful tool to watch is the CME FedWatch Tool, which shows what the market is predicting the rates will adjust to: https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html The current prediction is for...
Cardano Vasil Hardfork
This is one of the most significant upgrades to the Cardano network in years, bringing increased performance, scalability, interoperability and functionality. More information about the details can be found here Find out what price action is doing in the run up here Note: the deadline has been set for the 31st of July, but the...
Closed Markets
Markets in Canada will generally be closed. This includes the Toronto Stock Exchange. Stock market holiday closures: Crypto tends to correlate closely with the traditional stock market. So when markets are closed for holidays, Crypto trading activity usually slows down as well. That can lead to reduced liquidity with lower trading volume which can result in increased price...
Coti Testnet Hardfork
Coti will be hardforking its' Testnet, in preparation for the Mainnet hardfork and MultiDAG 2.0 release in September. Provided this goes well, there shouldn't be any delays in the Mainnet hardfork. Find out more about both the Mainnet harfork and MultiDAG 2.0 release here Go here to see how price action is responding to the...
BoE Meeting
The Bank of England is having a monetary policy meeting. For more information on how central bank monetary meetings effect Crypto, click here.
Closed Markets
Markets in India will generally be closed. This includes the National Stock Exchange of India. Stock market holiday closures: Crypto tends to correlate closely with the traditional stock market. So when markets are closed for holidays, Crypto trading activity usually slows down as well. That can lead to reduced liquidity with lower trading volume which can result...
US July CPI Data
The Bureau of Labor Statistics is releasing inflation data for May 2022. This is will have a strong bearing on the actions the Federal Reserve decides to take at its next meeting. If inflation is worse than anticipated or stubbornly high, the FED will be forced to keep aggressively raising rates. More information on inflation,...
