The latest GDP data is published in the USA, the Binance Blockchain Week conference starts in Dubai, Bybit announces the winners of the WSOT trading tournament – we talk about the main events of this week on October 28 – November 3 in one material.
Token unlocks – all week
The beginning of the week pleases investors with a new portion of major unlocks, which the community always awaits with great interest. The most notable will be the unlocking of more than 175 million Celestia (TIA) tokens.
US GDP Data – October 30
This Wednesday, at 15:30 Moscow/Kyiv time, data will be released by gross domestic product (GDP) for the third quarter of this year.
This information will directly affect the health of the country’s main currency, the US dollar. If actual indicators turn out to be higher than expected, the market will see a rise in the dollar, and otherwise a decline.
GDP (gross domestic product) is the market value of all goods/services produced in a country for consumption; It is also the total income of citizens, companies and the state for a certain period. This indicator is used to assess how well a state’s economy is performing: if GDP grows, the country is developing.
This month’s rate is expected to remain at the same level as in September, at 3.0%. Meanwhile, some forecasts expect an increase to 3.2% or even 3.3%. If one of these more optimistic forecasts turns out to be true, markets could see the US dollar rise.
Start of Binance Blockchain Week – October 30-31
This Wednesday in Dubai starts annual conference from the largest cryptocurrency exchange Binance. The event will last two days.
Stay informed! Subscribe to World Stock Market in Telegram.
Source: Cryptocurrency
I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.
