Greeks.live: Cryptocurrency market performed poorly this week, and the market's attention to the US election was lower than expected
2024-10-27 02:12
Odaily News Greeks.live macro researcher Adam published the major events of next week on X (10/28-11/3): Next week is a big macro week. Friday's non-farm data and unemployment rate data are worth paying attention to. They are the last important economic data before the election. Federal Reserve officials have almost no speeches scheduled this week. The election is approaching, and the market's attention to this election is lower than expected, but the election is still very uncertain, and the IV of election cycle options is still relatively strong. Next week's major events: Wednesday, October 30, US ADP employment in October (20:15) The initial value of the annualized quarterly rate of real GDP in the third quarter of the United States (20:30) Binance Blockchain Week 10/31 Thursday, the Bank of Japan announced its interest rate decision and outlook report. The US core PCE price index in September (20:30) The number of initial jobless claims in the United States that week (20:30) Friday, November 1, the US unemployment rate in October (20:30) The US non-farm payrolls in October (20:30) The US ISM manufacturing PMI in October (22:00) Apple released its financial report Crypto market outlook: The crypto market performed poorly this week. BTC failed to hit a new high again, and other currencies fell sharply. The US election seems to have been unable to bring more to the crypto market. At present, the short-term IV of Bitcoin is at a low level, generally below 40%, but the IV of the election week has increased to 60%. The election is the only trading opportunity in the near future.
