Closed Markets
Markets in Canada and Japan will generally be closed. This includes the Toronto Stock Exchange and 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...
Evergrande Bond Payment
$79.3m in interest payments is owed by Evergrande group. Our full report on the over-indebted property sector can be found here.
US September 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,...
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...
Evergrande Bond Payment
$2.1 bil in principle payments are owed by Evergrande group. Our full report on the over-indebted property sector can be found 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...
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.
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.
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.
FOMC 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 For more information on how...
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...
Evergrande Bond Payment
$727.5m in principle payments are owed by Evergrande group. Our full report on the over-indebted property sector can be found here.
