Economic & Crypto Calendar (July 3 - July 7)

We have started the first week of July and the second half of 2023. These days are pretty important for countries and companies because they will be able to assess their performance in Q2 2023 and the first half to adjust their operations according to their progress in their schedules.

The week is expected to start slow but get more volatile through the end of it. As there are some social and political cases around the world and the central banks are preserving their hawkish sentiment, there might not be much positivity in the markets.

Let's talk about the next week's calendars!

Economic Calender of the U.S.

On Monday and Tuesday, there are not many important events on the side of the U.S. because the first day will be a half day, and Tuesday is Independence Day.

On Wednesday, we will learn about the meeting notes of the FED's FOMC meeting. As they already stated clearly, they will be increasing the interest rates for 2 more times and, meanwhile, the FED may continue Quantitative Tightening to deal with the inflation.

On Thursday and Friday, there are 2 things that I'll be watching closely. The first one is the services PMI as we do not want the index to get lower than 50 levels, which might be an indicator of an economic contraction. The second and more important one is the U.S. employment report. The FED insists on increasing the number of jobless people to cope with inflation thoroughly.

MarketWatch

Economic Calender of G20

The side of G20 economies does not provide us with an important date for any events. On Monday, we will get Manufacturing PMI from Germany. As you know, Germany's industry is an essential part of the global trade as there are several important companies that have millions of dollars worth of trade daily.

In its current form, the PMI does not look very promising. We will see if the rate will be around the median forecast which is 41.0 points. Around 35 minutes after Germany's PMI, we get data from GBP. A similar case applies to this part, as well.

Majorly, the focus is on social activities around the world. The influence of these events will be more than the central banks on the European side.

For more about G-20: Investing

Crypto Calendar

Although it is not the best time to focus on Launchpads, there might be some DAO Maker investors who are seeking good projects to join the launch.

After some time, we will get a nice Public SHO that you can participate to get tickets. If you are holding Dao Maker tokens, you can also take part in the other SHO round.

In terms of token unlocks, the week will be important for SUI, DyDX and JOE hodlers.

Unfortunately, the unlocks always have a selling pressure on the coins when they are launched first. I still wait for a good time to buy some cheap SUI and dYdX before the bull market hits. Yet, while there is obvious pressure on the price, I choose to be more patient.

Are you watching any crypto events closely this week?

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Weekly Economic Tasks with the help of @anomadsoul!

Do you want to learn about the macro economy and follow the news while creating content on LeoFinance?

Here we have 2 tasks for the week:

Mini Task: Why are token unlocks so important in crypto?

Please create your posts by Wednesday Midnight (EST)

Mid Task: Option 1: What is an ideal tokenomics for a project?
Option 2: What LaunchPad platforms are the most popular ones? Why?

Mid Task to be submitted by Saturday Midnight (EST)

Hive On ✌🏼

Posted Using LeoFinance Alpha