Closed Markets
Markets in Canada and Hong Kong will generally be closed. This includes the Toronto Stock Exchange and the Stock Exchange of Hong Kong. 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...
Closed Markets
Markets in America will generally be closed. This includes the New York Stock Exchange and NASDAQ. 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...
BoC Meeting
The Bank of Canada is having a monetary policy meeting. For more information on how central bank monetary meetings effect Crypto, click here.
US June 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,...
Closed Markets
Markets in Japan will generally be closed. This includes the Tokyo 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...
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...