Key Developments of the Week for Bitcoin and Crypto Investors

Key Dates and Developments That Could Impact Financial Markets This Week

Tracking macroeconomic news is as critical as technical analysis in the cryptocurrency market. We have compiled all the major developments between September 7 – September 13 that could influence financial markets for you.

Monday, September 7

• US Markets Closed: US stock markets will be closed due to Labor Day.

Tuesday, September 8

• Canaan Earnings Release: Canaan (CAN) will release its earnings report before the market opens; the source indicates a value of -$0.14.
• GameStop Earnings Release: GameStop (GME) will release its earnings report after the market close; the source indicates a value of $0.06.

Wednesday, September 9

• Coinbase Perpetual Transition: Coinbase is expected to transition its platform serving perpetual transactions on its app and website from Coinbase International Exchange to Deribit.

Thursday, September 10

• ECB Interest Rate Decision: The European Central Bank will announce its interest rate decision. (UTC+3: 15:15) (Expectation: 2.65%; Previous: 2.4%)
• US PPI Data: The US Producer Price Index for August (monthly and annual) will be released. (UTC+3: 15:30) (Monthly Expectation: 0.3%; Previous: 0.0%) (Annual Expectation: 4.5%; Previous: 4.7%)
• US Core PPI Data: The US Core Producer Price Index for August (monthly and annual) will be released. (UTC+3: 15:30) (Monthly Expectation: 0.3%; Previous: 0.2%) (Annual Expectation: 4.1%; Previous: 4.2%)
• US Unemployment Claims: Initial jobless claims for the period ending September 5 and continuing claims for the period ending August 29 will be announced. (UTC+3: 15:30) (Initial Claims Expectation: 209K; Previous: 206K) (Continuing Claims Expectation: 1,790K; Previous: 1,779K)

Friday, September 11

• Russia Interest Rate Decision: The Central Bank of Russia will announce its interest rate decision. (UTC+3: 13:30) (Expectation: 14%; Previous: 14%)
• US CPI Data: The US Consumer Price Index for August (monthly and annual) will be released. (UTC+3: 15:30) (Monthly Expectation: 0.4%; Previous: 0.1%) (Annual Expectation: 3.4%; Previous: 3.4%)
• US Core CPI Data: The US Core Consumer Price Index for August (monthly and annual) will be released. (UTC+3: 15:30) (Monthly Expectation: 0.2%; Previous: 0.2%) (Annual Expectation: 2.4%; Previous: 2.5%)
• Michigan Consumer Sentiment: Preliminary Michigan Consumer Sentiment data for September will be released. (UTC+3: 17:00) (Expectation: 51.5; Previous: 51.7)
• Core Lightning Source Code: Blockstream will release the source code for Core Lightning 26.06.7.