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Important events for the crypto market on May 21 from the economic calendar.
Today is one of the two key days of the week for events. The other is Friday. Although both days are not super important, we may see increased market volatility. Among the three events with ❗, the key one regarding the prospects of increased market volatility today, we consider the US business activity indices.
Schedule for today:
- 11:00 Kyiv and Moscow / 13:00 Astana - Business activity indices in the EU manufacturing and services sectors for May, composite business activity index. Important due to the role of the euro in calculating the DXY and for assessing the region's economic condition.
- 11:30 Kyiv and Moscow / 13:30 Astana - Business activity indices in the UK services sector and the composite business activity index for May. Important because of the role of the British pound in calculating the DXY.
❗️- 15:30 Kyiv and Moscow / 17:30 Astana - US data block:
-- Initial jobless claims.
-- Total number of people receiving unemployment benefits.
These data are important for assessing the US economy's condition and labor market stability.
❗️- 16:45 Kyiv and Moscow / 18:45 Astana - US business activity indices for May: manufacturing, services, and composite index. An important slice for recession risks and overall business activity status.
❗️- 23:30 Kyiv and Moscow / 01:30 the next day in Astana - Federal Reserve balance sheet.