Key Developments of the Week for Bitcoin and Crypto Investors

Key Dates and Developments That Could Impact Financial Markets This Week

Macroeconomic news tracking is just as vital as technical analysis in the cryptocurrency market. We have compiled all the major developments that could impact financial markets between August 31 and September 6 for you.

Monday, August 31

• UK crypto call for evidence: The UK All-Party Parliamentary Group (APPG) on Crypto and Digital Assets’ call for evidence regarding banking and payment restrictions affecting crypto firms will conclude.

Tuesday, September 1

• Russia stablecoin framework: The feedback period for the Central Bank of Russia’s proposed framework for ruble-denominated stablecoins will end.
• Large-scale digital ruble implementation: Russia will begin the first large-scale implementation of the digital ruble.
• Kraken liquidation plan: Kraken will liquidate remaining balances in 21 delisted assets between September 1–5, following the closure of withdrawals on August 27.
• China RatingDog Manufacturing PMI: China’s August RatingDog Manufacturing PMI data will be released (Time: 04:45 TRT; Previous: 50.9).
• Fed Governor Michael Barr: Fed Governor Michael Barr will speak on the economic outlook and financial inclusion (Time: 16:05 TRT).
• US ISM Manufacturing PMI: US August ISM Manufacturing PMI data will be released (Time: 17:00 TRT; Expectation: 55.3; Previous: 55.6).
• US JOLTS Data: The US July Job Openings and Labor Turnover Survey will be released (Time: 17:00 TRT; Previous: 7.4 million).
• Cango Earnings: Cango Inc. (CANG) will release its earnings report after the market close (-$0.91).

Wednesday, September 2

• Bank of Canada Interest Rate Decision: The Bank of Canada will announce its interest rate decision (Time: 16:45 TRT; Previous: 2.25%).

Thursday, September 3

• Canaan Earnings: Canaan (CAN) will release its earnings report before the market open (-$0.14).
• Fed Governor Christopher Waller: Fed Governor Christopher Waller will speak on the economic outlook (Time: 15:30 TRT).
• US Jobless Claims: US initial jobless claims for the week ending August 29 and continuing claims for the week ending August 22 will be released (Time: 15:30 TRT; Initial claims previous: 203K; Continuing claims previous: 1778K).
• US ISM Services PMI: US August ISM Services PMI data will be released (Time: 17:00 TRT; Previous: 54.1).

Friday, September 4

• Japan Household Spending: The year-over-year change in Japan’s July household spending will be released (Time: 02:30 TRT; Previous: -3.3%).
• US Non-Farm Payrolls: US August non-farm payrolls data will be released (Time: 15:30 TRT; Expectation: 58K; Previous: -23K).
• US Unemployment Rate: The US unemployment rate for August will be released (Time: 15:30 TRT; Expectation: 4.1%; Previous: 4.2%).