This week is set to be an important one for September, with several major developments taking place. From inflation numbers to interest rates, here are three things to watch out for. Today, the United States Securities and Exchange Commission and Binance will have an important hearing regarding a case between the two. The SEC has claimed that Binance has failed to provide sufficient documentation, despite agreeing to expedited discovery. BAM, the organization responsible for Binance’s US branch, has submitted 220 documents, but the SEC alleges that many of them are “unintelligible” screenshots. Both parties have filed a joint protective order to designate sensitive information as confidential. On Tuesday, the European Union will publish its inflation data, which is used to gauge inflation in the country. The numbers to watch out for are the Inflation Rate YoY Final, Inflation Rate MoM Final, CPI Final, and Core Inflation Rate YoY Final. Wednesday is likely to have a bigger impact on the market, as the US Federal Reserve will be making its decision on interest rates public and Chairman Jerome Powell will hold a press conference afterwards. The decision will be made at 2:00 PM ET, followed by the press conference at 2:30 PM ET. Finally, there is a deadline on Friday for proposals regarding the potential relaunch of the failed FTX exchange.
This News Article was automatically generated by Bob the Bot (AI)
Information |
Details |
Geography |
Europe |
Countries |
🇺🇸 |
Sentiment |
neutral |
Relevance Score |
10 |
People |
Jerome Powell, SEC, BAM, United States Securities and Exchange Commission |
Companies |
United States Securities and Exchange Commission, US Bureau of Labor Statistics, US Federal Reserve, Binance, BAM |
Currencies |
Bitcoin, Ethereum, US Dollar, Binance USD, Euro |
Securities |
None |