Important events for the cryptocurrency market on December 11 from the economic calendar.

In the morning, the Swiss central bank's decision on the interest rate was already released (pause, 0, in line with the forecast), important due to the role of the Swiss franc in calculating the DXY. For the rest of the day, all important data will be from the USA. Considering yesterday's highlights from the US Federal Reserve, heightened volatility can be expected at least on the data concerning the American labor market.

Schedule for the day:

❗️- 15:30 in Kyiv / 16:30 in Moscow / 18:30 in Astana - Number of initial jobless claims in the USA and the total number of individuals receiving unemployment benefits in the USA. An important weekly indicator of the labor market condition.

- 15:30 in Kyiv / 16:30 in Moscow / 18:30 in Astana - Volume of imports/exports, trade balance of the USA (September). Important in the context of the state of the American economy, assessing the consequences of the trade war.

❗️- 23:30 in Kyiv / 00:30 of the new day in Moscow / 02:30 of the new day in Astana - Balance of the US Federal Reserve. The first week after the end of the quantitative tightening (QT) policy, based on these data regarding the fact of NOT reducing the balance - we can expect a market reaction. Starting tomorrow, let’s remind, the Federal Reserve will launch hidden quantitative easing (QE).