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

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Hold onto your hats, folks! It’s time for what traders are gleefully calling a “super week” of macro data! After the market crash over the weekend, the US dollar, Treasuries, and crypto markets are all shaking in their boots, preparing for some wild, high-volatility action. Why? Well, the Federal Reserve is back in the spotlight! Again!

With a whopping five to six key events this week, every little data nugget and every mumble from the Fed could send risk assets into a frenzy. And, oh, let’s not forget the ever-present shadow of a government shutdown hanging over our heads.

Key US Economic Events to Watch This Week

After the market chaos over the weekend, crypto markets are bracing themselves for even more turbulence. These key US economic events could make or break the next moves in Bitcoin and other cryptos this week. Buckle up!

Fed Speeches

This week’s calendar is packed with more than eight Fed speakers! That’s right, more speeches than you can shake a stick at. We’ve got Governor Michelle Bowman, Christopher Waller, Stephen Miran, and even Richmond Fed President Tom Barkin joining the fun.

Now, remember Miran? His little dovish comments last week helped send crypto markets into a frenzy of optimism when he hinted at 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 lower the real neutral rate, which he estimates near 0.5%. So basically, he’s saying ‘chill out’ to everyone freaking out about inflation.

But the real star of the week is Chairman Jerome Powell, who’s set to speak at the NABE annual meeting in Philadelphia. Expect him to talk about managing risks to employment versus prices. Spoiler alert: Powell’s not going to tell you everything, but traders will be hanging on to every word for hints about rate cuts. 🤞

“We expect Powell to again focus on managing more downside risks to employment than prices,” said MacroSpectrum. And everyone will be waiting for even a tiny hint of those sweet, sweet rate cuts, which could set crypto and gold on fire while the dollar gets pummeled. 💰

Fed’s Beige Book

Next up, we’ve got the Beige Book, dropping on Wednesday at 2 PM ET. This could be one of the few unfiltered glimpses at the state of the US economy, especially with the government shutdown mucking up all the other releases.

People on X (formerly Twitter) are already getting antsy about it, and here’s why:

🚨 Due to the government shutdown, no major U.S. economic releases next week. Key inflation data like September CPI (delayed to Oct 24) and PPI (potentially Oct 23) are on hold.

That said, I’ll be laser-focused on:

– Wednesday’s Beige Book (2 PM ET) for regional insights
-…

– Andrea Lisi, CFA (@Andrea_Texas_82) October 12, 2025

If the Beige Book reveals businesses are getting more cautious or wages are slowing down, the Fed might jump in and pivot earlier than anyone expected. This could send crypto markets into a happy little dance, especially if yields flatten and liquidity starts looking rosier. 🪙

US PPI

The PPI report, aka Producer Price Index, is due on Thursday at 8:30 AM ET. But don’t be surprised if the government shutdown pushes it back. Economists are expecting a 0.3% increase from last month’s tiny drop of -0.1%. But hey, who knows-everything’s a mess right now!

If the PPI is cooler than expected, rate-cut bets will skyrocket, the dollar will be left in the dust, and risk assets-like equities and Ethereum-could take a joyous leap. 📈

Initial Jobless Claims

The initial jobless claims report is expected to come in at 229,000 for the week ending October 11. But again, delays are possible. If jobless claims rise unexpectedly, that could validate the slowdown narrative we’re seeing in private payroll data. Uh-oh!

And just to make things more dramatic, economists are predicting that deferred federal resignations could push October’s unemployment rate to 4.5%. Hold on tight, that might push the Fed into a more aggressive easing cycle. 🤯

Crypto traders, you’re gonna want to watch this closely-liquidity might flow back faster than anyone thought possible.

So, there you have it. Powell’s speech, the Beige Book, and the pending inflation data are set to dominate the 12-5 PM ET sessions this week. Between Trump’s new tariffs on China and the government shutdown, this week feels like a mix of macro madness and complete mayhem. And, oh yeah, it’s definitely going to be a wild ride for crypto.

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2025-10-13 11:47