Key Developments This Week for Bitcoin and Crypto Investors

Key Dates and Developments That Could Affect Financial Markets This Week

Following macroeconomic news is just as important as technical analysis in the cryptocurrency market. We’ve compiled all the key developments that could affect financial markets between October 19 – October 25.

Monday, October 19

• CME BCH and UNI futures: CME Group plans to offer standard and micro Bitcoin Cash (BCH) and Uniswap (UNI) futures contracts.
• Canada’s September CPI data: In Canada, the previous monthly change in September CPI was -0.1%, and the previous annual change was 3.0%. (Turkey time: 15:30)

Tuesday, October 20

• U.S. housing starts and building permits: The forecast for September housing starts in the U.S. is 1.30 million (previous: 1.275 million); the forecast for building permits is 1.40 million (previous: 1.394 million). (Turkey time: 15:30)

Wednesday, October 21

• UK September CPI data: In the UK, the previous monthly change in September CPI was 0.5%, the previous annual change was 3.1%, and the previous annual change in core CPI was 2.6%. (Turkey time: 09:00)
• CoinShares Bitcoin and Ether ETF: As part of the fund’s liquidation, CoinShares’ Bitcoin and Ether ETF is scheduled to halt trading before the market opens.
• CME Group earnings: CME Group (CME) is expected to report earnings before the market opens. (Estimate: 2.98 dollars)
• Tesla earnings: Tesla (TSLA) is expected to report earnings after the market closes. (Estimate: 0.40 dollars)

Thursday, October 22

• Nasdaq earnings: Nasdaq (NDAQ) is expected to report earnings before the market opens. (Estimate: 1.02 dollars)
• Blackstone earnings: Blackstone (BX) is expected to report earnings before the market opens. (Estimate: 1.29 dollars)
• U.S. initial jobless claims: The forecast for U.S. initial jobless claims for the period ending October 17 is 200,000 (previous: 199,000). (Turkey time: 15:30)
• Eurozone consumer confidence: The previous reading for the preliminary October consumer confidence data was -16.5. (Turkey time: 17:00)

Friday, October 23

• Japan’s September CPI data: In Japan, the previous annual change in September CPI was 1.9%; the previous reading for CPI excluding fresh food was 1.7%; and the previous reading for CPI excluding fresh food and energy was 1.9%. (Turkey time: 02:30)
• Eurozone flash composite PMI: The previous reading for the preliminary October composite PMI was 53.1. (Turkey time: 11:00)
• U.S. flash composite PMI: The previous reading for the preliminary October composite PMI was 58.4. (Turkey time: 16:45)
• University of Michigan consumer sentiment: The final October consumer sentiment data will be released; the preliminary reading was 46.3. (Turkey time: 17:00)

Not investment advice.