Bitcoin Dominates Market Attention as US Non-Farm Payroll Week Approaches

COINOTAG News, September 28—The upcoming week is critical for the United States as it coincides with the much-anticipated “non-farm week.” This period is expected to see the release of several pivotal economic data points. Key macro events include: At 01:00 on Tuesday, Federal Reserve Chairman Jerome Powell will address the National Association for Business Economics; at 22:00 on Tuesday, the US September ISM Manufacturing PMI will be announced; at 23:00 on Tuesday, 2024 FOMC voting member and Atlanta Fed President Raphael Bostic and Federal Reserve Board member Lisa Cook will co-chair a meeting.

On Wednesday at 06:15, FOMC voting members Bostic and Thomas Barkin, along with 2025 voting member Susan Collins, will partake in a group event. At 20:15 on Wednesday, the US September ADP employment report will be released, followed by a speech from Cleveland Fed President Loretta Mester at 21:00. Another important speech will be delivered by St. Louis Fed President James Bullard at 22:05, with Federal Reserve Board Governor Michelle Bowman concluding the day’s events with a speech at 23:00.

Thursday’s significant events include the US initial jobless claims for the week ending September 28, to be announced at 20:30, and a fireside chat on an inclusive economy featuring Minneapolis Fed President Neel Kashkari and President Bostic at 22:40. On Friday, attention will turn to the US September non-farm payrolls data, seasonally adjusted to reflect employment changes, to be released at 20:30, alongside the US unemployment rate for September. Furthermore, an important address will be given by New York Fed President John Williams at 21:00 during a meeting by the New York Fed. These events are set to provide crucial insights into the current and future economic landscape (Jinshi).