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Next Week Macro Outlook: The Fed to Release Beige Book, August Non-Farm Payrolls on the Horizon
BlockBeats News, August 30th. The cryptocurrency market experienced a significant sell-off this week, but this came after a solid performance last week. Due to decreased volatility and key data set to be released next week, some relatively weak highs have been formed. Bitcoin faces a double top risk and has failed to provide much defense against its impact, while Ethereum further retraced after hitting a new high last Saturday. Here are the key points the market will focus on in the new week (all times are Beijing time):
Wednesday 21:00, 2025 FOMC Voter, St. Louis Fed President Muli Saleem speaks on the U.S. economy and monetary policy;
Thursday 01:30, 2026 FOMC Voter, Minneapolis Fed President Kashkari participates in a fireside chat;
Thursday 02:00, Fed releases Beige Book on economic conditions;
Thursday 23:30, FOMC Permanent Voter, New York Fed President Williams speaks at the New York Economics Club;
Friday 07:00, 2025 FOMC Voter, Chicago Fed President Gulsby speaks;
Friday 20:30, U.S. August Unemployment Rate, August Non-Farm Payrolls, Average Hourly Earnings YoY, MoM.
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