#加密市场观察 Sneak Peek! Important Data and Events Preview for the Crypto Market Next Week

9:30 PM on Tuesday. The United States will release its "final report card" for the third quarter economy, including the final revision of GDP, personal consumption expenditures, and the core PCE price index. These three indicators reflect the overall economic temperature, consumer spending as the main engine, and core PCE, which is the inflation "thermometer" that the Federal Reserve values most. Any unexpected revisions in this data will directly affect market speculation on the pace of interest rate cuts next year.
Next, at 9:30 PM on Wednesday, pay attention to the initial jobless claims in the US from last week as usual. This is a weekly high-frequency signal to peek into the health of the US labor market, to see if there are signs of cooling in the hot job market.
Finally, the grand finale is on Thursday. Bank of Japan Governor Kazuo Ueda will deliver a speech. Just last week, Japan historically said goodbye to negative interest rates and has just raised rates. Interestingly, however, the yen has plummeted. Therefore, every word he speaks this time will be scrutinized: how confident are they about the economy after the rate hike? Will they intervene in the foreign exchange market to stop the yen's decline? This is related to the global arbitrage trading landscape.
As for the "Santa Claus rally" that everyone is looking forward to, at this subtle moment of the Federal Reserve's policy shift, whether the gift from this "Santa Claus" is a surprise or a scare still depends on the outcomes of the several major events mentioned above.