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Schedule of important events this week: The macro impact is relatively small this week, the focus is on data related to capital flows

Schedule of important events this week: The macro impact is relatively small this week, the focus is on data related to capital flows

Bitget2024/05/06 02:35

Schedule of important events this week (May 6 to May 12). Macro perspective: There are fewer significant macro and crypto-related events this week. Last week was a big news week, with cryptocurrencies experiencing substantial fluctuations. The impact of various types of news on crypto is still evident. This week there are several macro-related news items, but their impact is limited; barring any surprises, the Federal Reserve will maintain current interest rates for the next few months. Crypto market outlook: The entire cryptocurrency market underwent a V-shaped reversal last week, making April the month with the deepest correction in nearly a year. Dvol has rebounded somewhat, and short-to-medium term IV is currently stable at around 55%, which aligns with our assessment from last week that near-term option IV will gradually move towards stability between 55% -60%. Crypto interest rate market: Bitfinex spot whales have started bottom fishing continuously; in the green leaf interest rate market you can often encounter orders with an annualized interest rate of 20%; suitable interest rate orders can be actively traded using high-interest mode may bring surprises. Major events this week: May 7th Tuesday Australian Central Bank Interest Rate Decision; Several FOMC members speak; May 8th Wednesday Fed Vice Chairman Jefferson speaks on economy; May 9th Thursday U.S.10-year Treasury bond auction; Initial jobless claims for the current U.S.week ; Bank of England's decision on interest rates ; May10th Friday Fed Governor Bowman speaks about financial stability risks.

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