This week we will get some data regarding the economy of the US and more insight from SUI Airdrop that has a huge hype on it. Apart from these two, there are not many great things going around. Let's dive into it.
Economic Calendar of the U.S.
On Monday, we will get home builder confidence index which may have a slight impact on the markets. Apart from that, the first three days of the week may not be very effective.
My eyes will be on Thursday.
As you know, the FED is closely interested in the jobless claims and people who lose their source of income for the sake of economy 🙃
Starting from 8:30 a.m., the day will be quite interesting as there are different Fed presidents who may say the "R" word (Recession) and be more havkish with his/her stance on point.
Other than Thursday, I do not have an expectation of highly volatile market condition due to the reports of the week.
Credits: MarketWatch
Economic Calender of G20
Besides the impact of the FED on the markets, we also see the influence of European Central Bank as there is still an expectation of raise in the interest rates from Lagarde.
On Monday, we will start with a havkish speech regarding the situation of inflation in the Euro Zone. Then, we have CPI report on Wednesday.
Thursday will also be interesting for the markets as the monetary policy meeting notes will be shared. We will read between the lines to have a clear idea of what's coming.
Credits: Investing
Calendar of Crypto
The most important event of this week will be the public sale of SUI token. It is one of the most hyped projects over the last 2 years.
The project was expected to reward the users with an airdrop but the team chose to make public sales on three exchanges, ByBit, Kucoin and OKX.
You will be able to buy the token for $0.1 in the public sales. There is no direct sale, rather, you will buy tickets and the tickets get SUI if you are lucky 🍀
I will use 2 exchanges, OKX and Kucoin. I already have an OKX account and bought some OKX for this event. There might be a chance to get rewarded on OKX.
Kucoin does not require KCS to buy tickets. You can also get tickets by holding USDT on your exchange wallet. This is a good advantage if you want to try your luck by moving some of your assets.
The process will be a bit complex, too. More details will be given in another post.
Apart from SUI, there is not much in crypto this week. There are a couple of updates, AMA, and token listing news. Basically, SUI will shake the ecosystem with its token sale.
I really wonder how gold and silver will perform, as well. We will be watching them closely.
If there are other things to have an eye on, please share with us below ✌🏼