🖐 Macro Watch | June 30 – July 06, 2025

A packed week of data — from inflation and labor to PMI and Powell. expect front-loaded volatility in crypto and traditional markets.
Here are the most crypto-relevant macro events to watch this week:

🗓 Monday, June 30

🇨🇳 China Manufacturing PMI – 🕕 01:30
   💡 Consensus: 49.5 | Previous: 49.6 | Actual: 49.7
🇬🇧 UK GDP (YoY - Q1) – 🕕 06:00
   💡 Consensus: 1.5% | Previous: 1.3% | Actual: 1.3%
🇩🇪 German CPI (MoM - Jun) – 🕕 12:00
   💡 Consensus: 0.1% | Previous: 0.2%

🗓 Tuesday, July 1

🇺🇸 Fed Chair Powell Speaks – 🕕 13:30
🇺🇸 Manufacturing PMI (Jun) – 🕕 13:45
   💡 Consensus: 52 | Previous: 52
🇺🇸 ISM Manufacturing PMI (Jun) – 🕕 14:00
   💡 Consensus: 48.5 | Previous: 48.8

🗓 Wednesday, July 2

🇺🇸 ADP Nonfarm Employment Change (Jun) – 🕕 12:15
   💡 Consensus: 105K | Previous: 37K

🗓 Thursday, July 3

🇺🇸 Initial Jobless Claims (Jun) – 🕕 12:30
   💡 Consensus: 239K | Previous: 236K
🇺🇸 Nonfarm Payrolls (Jun) – 🕕 12:30
   💡 Consensus: 120K | Previous: 139K
🇺🇸 Unemployment Rate (Jun) – 🕕 12:30
   💡 Consensus: 4.3% | Previous: 4.2%
🇺🇸 Services PMI (Jun) – 🕕 13:45
   💡 Consensus: 53.1 | Previous: 53.1

🤔 Why it matters:
With Powell’s speech, inflation clues, and NFP packed into the first half, expect markets (especially crypto, USD, and equities) to show sharp directional moves before Thursday’s early U.S. close.

🔔 Mark your calendars. Markets are watching every word.

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