The US authorities stays shut down, which has stifled financial information availability, hampering policymakers’ capacity to make choices.
Crypto markets have consolidated over the weekend with minor positive aspects for the main property, however no indicators of renewed bullish momentum simply but. Regardless of the US authorities shutdown, the week forward has a key inflation report delayed from September that’s probably the final main piece of financial information the Federal Reserve will obtain earlier than its rate of interest resolution subsequent week.
Final week, Fed Chair Jerome Powell indicated that the central financial institution stays on observe to chop short-term rates of interest once more at its subsequent assembly later this month. In the meantime, the market will proceed to observe Trump’s 100% tariff on China deadline of November 1, as noticed within the Kobeissi Letter.
Financial Occasions Oct. 20 to 24
Thursday will see the discharge of current house gross sales information, however this has no impression on crypto markets. The massive information day is Friday’s launch of the Client Value Index (CPI) for September, delayed by the federal government shutdown.
Not solely is the CPI report 5 days earlier than the October 29 Fed assembly, however it’s the first time CPI information will probably be reported on a Friday since January 2018, in keeping with the Kobeissi Letter. The Labor Division has stated that no different releases will probably be rescheduled or produced till the shutdown ends, it added.
“This comes throughout a extremely pivotal time for the Fed as they debate whether or not to proceed fee cuts or not.”
October’s companies PMI report and Michigan Client Sentiment information are additionally due on Friday.
Key Occasions This Week:
1. ~10% of S&P 500 firms report earnings
2. US Crude Oil Stock information – Wednesday
3. September Current Dwelling Gross sales information – Thursday
4. September CPI Inflation information – Friday
5. October Companies PMI information – Friday
6. October MI Client Sentiment…
— The Kobeissi Letter (@KobeissiLetter) October 19, 2025
Magnificent 7 member Tesla is ready to report earnings on Wednesday, and tech giants Intel and IBM are additionally reporting this week.
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Crypto Market Outlook
Whole capitalization has inched up 2% over the previous 24 hours, reaching $3.85 trillion on Monday morning in Asia. Bitcoin has been main the positive aspects, hitting an intraday excessive of $110,500 throughout these early buying and selling hours.
Ether costs additionally went on the run because the asset reclaimed the coveted $4,000 stage. Altcoins had been predominantly within the inexperienced with bigger positive aspects for Dogecoin, Cardano, Chainlink, and Sui. In the meantime, analysts stay assured that the bull market shouldn’t be over but.
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