The Week Ahead: FOMC rate decision; Coinbase second-quarter results; Strategy second-quarter results
What is on the calendar for the week of July 27: scheduled events only, no predictions.
This is the week's known calendar: scheduled dates only, published in advance by the institutions involved. What happens at them is the week's news; this story only tells you when to watch.
Wednesday, July 29: FOMC rate decision. The Federal Open Market Committee meets Tuesday and Wednesday; the rate decision lands Wednesday at 2:00 p.m. Eastern with a press conference at 2:30. This meeting carries no Summary of Economic Projections, so there is no dot plot to parse.
Thursday, July 30: Coinbase second-quarter results. Coinbase reports second-quarter results after the U.S. market close, the largest listed crypto exchange's first report since the June market drawdown.
Thursday, July 30: Strategy second-quarter results. Strategy, the largest corporate bitcoin holder, reports second-quarter results after the close with a webinar at 5:00 p.m. Eastern; its bitcoin position marks to the quarter's prices.
Wednesday, July 29: FOMC rate decision. The Federal Open Market Committee meets Tuesday and Wednesday; the rate decision lands Wednesday at 2:00 p.m. Eastern with a press conference at 2:30. This meeting carries no Summary of Economic Projections, so there is no dot plot to parse.
And that's the way it is.
Sources
Not financial advice. Crypto Cronkite reports events and explains what they may mean. It never tells you to buy or sell anything. Do your own research.