What Are the Expected Economic Data from the USA and Europe that May Affect Bitcoin in the New Week? Here's the Sorted List

While one more week is left behind in the crypto money market, investors are wondering about the developments that may come from the USA and Europe in the new week and affect Bitcoin.

Here are the days and times of the events of the new week:

Monday, May 22:

From May 22, 2023, Binance will no longer allow UK customers to deposit and withdraw British Pounds (GBP) using a bank transfer or card.

  • 15:30 – Member of the US Federal Open Market Committee (FOMC) Bullard to Speak
  • 16:00 – Dallas Fed Chairman Lorie K. Logan to Speak
  • 17:50 – Thomas Barkin, Member of the US Federal Open Market Committee (FOMC) to Speak
  • 17:50 – US Federal Open Market Committee (FOMC) Member Bostic to Speak

Wednesday, May 24:

  • 21:00 – US Federal Open Market Committee (FOMC) Meeting Minutes to be Released

The Federal Open Market Committee (FOMC) Meeting Minutes is a detailed record of the committee's policy-making meeting about three weeks ago.

Thursday, May 25:

  • US Gross Domestic Product (GDP) Quarterly Data to be Released (Expected: 1.1%, Previous: 2.6%)
  • US Initial Unemployment Claims Data to Be Released (Expected: 250k, Previous: 242k)

Friday, May 26:

  • US Core PCE Price Index Monthly Data to Be Released (Exp.: 0.3%, Previous: 0.3%)

The Core Personal Consumption Expenditure (PCE) Price Index measures changes in the prices of goods and services purchased by consumers for consumption purposes, excluding food and energy.

*Not investment advice.