Your weekly macro cheat sheet.Your weekly macro cheat sheet.
A Data Crunch Week – With Much Less Data Than Usual
Crypto enters a holiday-shortened US week trying to stabilise after violent swings, but the bigger complication is that the economic calendar is thinner than it looks.
Because of federal shutdown disruptions and Thanksgiving clustering, most data lands early, and much of what markets actually want – jobs and inflation for October and November – won’t arrive until after the 10 December FOMC meeting.
That means the Fed goes into its next decision without the usual anchors, and so do crypto markets. With numerous officials already leaning against a December cut, the absence of key inputs reduces the chance that the coming week shifts their stance.
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