4 US Macro Data to Watch This Week After the Weekend Market Crash

Markets are heading into what traders are calling a “super week” for macro data. After last weekend’s market crash, the US dollar, Treasuries, and crypto markets are bracing for high-volatility sessions as the Federal Reserve takes center stage again.

With five to six key events this week, every data point and Fed remark could sharply swing risk assets. However, the US government shutdown remains an overhanging concern.

Key US Economic Events to Watch This Week

After the market chaos this past weekend, crypto markets are bracing for more volatility triggers this week. The following US economic events could have a bearing on how Bitcoin and crypto prices sway this week.

Fed Speeches

This week’s calendar includes more than eight Fed speakers, including Governor Michelle Bowman, Christopher Waller, Stephen Miran, and Richmond Fed President Tom Barkin.

In hindsight, Miran’s dovish tone last week lifted crypto market optimism, after the Fed governor signaled deeper interest rate cuts. 

“I’m more sanguine on inflation than a lot of other people are,” Miran said, adding that population shifts and slower growth could further lower the real neutral rate, which he estimates near 0.5%.

The focus, however, is on Chair Jerome Powell’s remarks at the NABE annual meeting in Philadelphia. He’s expected to reiterate the Fed’s risk management stance, balancing a softening labor market against still-sticky inflation.

“We expect Powell to again focus on managing more downside risks to employment than prices,” MacroSpectrum noted.

Therefore, traders will watch closely for any hint of front-loaded rate cuts, which could trigger fresh rallies across crypto and gold while pressuring the dollar.

Fed’s Beige Book

Another macro data point to watch is Wednesday’s Beige Book (2 PM ET), which could offer one of the few unfiltered looks at US economic conditions amid the government shutdown.

Sentiment on X (Twitter) calls for attention to this release for regional insights into consumer spending and labor conditions.