5 major events from last week that can affect cryptos!

5 major events from last week that can affect cryptos!

👉🏻FED Chairman Speech: Reducing unemployment & inflation were primary concerns. The after effects of Hurricane Helene was also highlighted in the NABE conference on economic outlook on Sep 30

👉🏻ISM Manufacturing: The Institute of Supply Management (ISM) Manufacturing Purchasing Managers Index (PMI) for the United States is currently at 47.20, which is unchanged from the previous month and down from 49.00 one year ago. This indicates that the manufacturing sector is contracting.

👉🏻Job openings: The job openings rate is at at 4.8 percent

👉🏻Initial Jobless Claims: Initial Jobless claims in the United States increased to 225000 in the week ending September from 219000

👉🏻U.S. Unemployment Rate: US Unemployment Rate is at 4.10%, compared to 3.80% last year. This is lower than the long term average of 5.69%.

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