Fed Minutes, Crypto Events Dominate This Week's Economic Calendar
This week is packed with significant economic and crypto events. The highlight of the week will be the release of the Federal Reserve's (Fed) September FOMC minutes on October 7, which are expected to provide valuable insights into the central bank's policy-making process.
Other key economic releases include the Services PMI, ISM Non-Manufacturing Index, and ADP employment data. The trade balance will also be released, providing an update on the country's international trade dynamics.
In the crypto space, several notable events are scheduled to take place. On October 5, Nillion (NIL) will launch its mainnet, while Cloud (CLOUD) will undergo a 25% total supply burn on October 6. Ethereum's (ETH) Glamsterdam upgrade testnet rollout is also scheduled for October 6.
The Bank of England Governor Andrew Bailey and the Federal Reserve balance sheet are other important events to watch out for this week. The World Agricultural Supply and Demand Estimates report will be released on Friday, providing valuable insights into global agricultural markets.