Crypto Market Eyes US Economic Releases for Inflation and Jobs Data
US economic releases are set to impact the crypto market this week, with data on inflation and jobs scheduled from Tuesday through Friday. The key releases begin on September 29th with August's job openings data and consumer confidence figures.
The JOLTS job openings report provides another measure of labor demand before the employment report, which is also set for release later in the week. On Wednesday, September 30th, the personal income and outlays numbers will be released, including the personal consumption expenditures price index, the Federal Reserve's preferred inflation gauge.
The third estimate of second-quarter US GDP is also scheduled for release on Wednesday. This data will help inform the market's view of the country's economic conditions and monetary policy.