The upcoming week brings several important events

The upcoming week brings several important events in the macro economy, such as the PMI and PCE release, Consumer Confidence Index, US GDP secondary estimate for Q4

The upcoming week promises a diverse mix of events in both the macro and crypto spheres. From vital PMI and PCE releases and the Consumer Confidence Index to secondary estimates of US GDP for Q4 and several initiatives from Omni Network, Venom, Celo, Filecoin, and others in the crypto domain, this week could influence the markets and your trading strategy.

Monday

Early in the week, S&P Global will release its PMI Manufacturing & Services (March) data, providing an early snapshot of the US economy in both the manufacturing and non-manufacturing sectors. This will be one of the items that the FED will consider regarding further interest rate cuts. This may affect the priorities of institutional and large private investors, leading to optimism or pessimism, which you should factor into your trading strategy.

Within the crypto industry, ssv.network will hold a vote on the integration of the SSVLM module into the Lido Staking Router.

Omni Network is planning the activation of the first native staking in the Omni EVM ecosystem, taking a step towards an independent economic layer for its users.

Starknet will come out with Resil v0.13.4, which includes the integration of Cairo-Native, designed to optimize the execution of smart contracts and reduce transaction fees.

Berachain launches its hase 1 PoL and moves to an incentive distribution system via new DAO mechanisms, promising greater efficiency and profitability.

Tuesday

This week, we are also expecting the US Consumer Confidence Index from the Conference Board, as well as house purchase statistics for Fuvral, which can have an impact on the state of consumers and significantly influence the stock and bond market dynamics, especially in the consumer and construction sectors.

An important event from the crypto industry will come from Venom, where there will be a vote on the creation of a decentralized DAO model of network management, which can fundamentally affect the model of resource allocation and have an impact on the price of this asset.

Wednesday

The latest US oil inventory data from the EIA is expected, which is especially critical against the backdrop of Donald Trump’s energy initiatives, as well as record electricity consumption in an era of fierce competition in blockchain and even more in AI domains.

We are also waiting for the UK Consumer Price Index (CPI) data for February, which will reflect the dynamics of not the last economy, as well as indirectly indicate the position of the EU sector in a similar matter.

The Spring Forecast Statement of the UK Ministry of Finance may bring very important news, especially against the backdrop of the vector for the independence of Europe from the United States.

From the crypto industry, Celo’s transition to Ethereum L2 with mainnet activation is due. This will open wide horizons for Celo as it can seamlessly interact with the rich Ethereum ecosystem, which could affect both its asset price and the price of ETH.

Another very important player Filecoin will take a step in its own direction and update CalibrationNet, which promises to improve the performance and reliability of the storage network. This could not only affect the price of their own token but also in a way impact AI, as Filecoin has a big focus on becoming a player in distributed learning LLMs.

Thursday

On Thursday, we are expecting the secondary estimate of Q4 GDP from the US, which could significantly strengthen or weaken expectations of future rate cuts from the FED, but also generally affect the asset value of the entire US stock market, especially high-risk assets.

We are also expecting a strategic update from the top player in the crypto industry Hedera, namely a community call with a focus on Post-Quantum crypto and AI integration, which has had crypto enthusiasts worried about the seven on the seven.

Friday

Friday will bring another GDP report, but now from the UK, namely for Q4 in annualized and quarterly terms, which will primarily affect UK financial markets and stocks, but will inevitably affect global markets as well.

Coming back to the US, we will see data on the key PCE indicator for March, and it will have a direct impact on the FED’s decision on the next rate cuts, being a priority in this matter.

The crypto industry, on the other hand, has prepared an integration of Ronin with Alchemy, which will greatly expand the possibilities of NFT infrastructure and tokens and will significantly affect the potential scalability of Ronin as a gaming blockchain.

All in all, we can say that we are in for an interesting week. It may not be as packed as the last one, but it is worth remembering that everything is changing incredibly dynamically, so there may be announcements about new, even more important events already tonight.

Stay tuned for updates, be adaptive in the rapidly evolving financial and crypto landscape, and keep your strategy grounded, balanced, and beneficial.