πŸ– Macro Watch | June 30 – July 06, 2025

A packed week of data β€” 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:

πŸ—“ Monday, June 30
πŸ‡¨πŸ‡³ China Manufacturing PMI – πŸ•• 01:30
β€ƒβ€ƒβ€ƒπŸ’‘ Consensus: 49.5 | Previous: 49.6 | Actual: 49.7
πŸ‡¬πŸ‡§ UK GDP (YoY - Q1) – πŸ•• 06:00
β€ƒβ€ƒβ€ƒπŸ’‘ Consensus: 1.5% | Previous: 1.3% | Actual: 1.3%
πŸ‡©πŸ‡ͺ German CPI (MoM - Jun) – πŸ•• 12:00
β€ƒβ€ƒβ€ƒπŸ’‘ Consensus: 0.1% | Previous: 0.2%

πŸ—“ Tuesday, July 1
πŸ‡ΊπŸ‡Έ Fed Chair Powell Speaks – πŸ•• 13:30
πŸ‡ΊπŸ‡Έ Manufacturing PMI (Jun) – πŸ•• 13:45
β€ƒβ€ƒβ€ƒπŸ’‘ Consensus: 52 | Previous: 52
πŸ‡ΊπŸ‡Έ ISM Manufacturing PMI (Jun) – πŸ•• 14:00
β€ƒβ€ƒβ€ƒπŸ’‘ Consensus: 48.5 | Previous: 48.8

πŸ—“ Wednesday, July 2
πŸ‡ΊπŸ‡Έ ADP Nonfarm Employment Change (Jun) – πŸ•• 12:15
β€ƒβ€ƒβ€ƒπŸ’‘ Consensus: 105K | Previous: 37K

πŸ—“ Thursday, July 3
πŸ‡ΊπŸ‡Έ Initial Jobless Claims (Jun) – πŸ•• 12:30
β€ƒβ€ƒβ€ƒπŸ’‘ Consensus: 239K | Previous: 236K
πŸ‡ΊπŸ‡Έ Nonfarm Payrolls (Jun) – πŸ•• 12:30

β€ƒβ€ƒβ€ƒπŸ’‘ Consensus: 120K | Previous: 139K
πŸ‡ΊπŸ‡Έ Unemployment Rate (Jun) – πŸ•• 12:30
β€ƒβ€ƒβ€ƒπŸ’‘ Consensus: 4.3% | Previous: 4.2%
πŸ‡ΊπŸ‡Έ Services PMI (Jun) – πŸ•• 13:45
β€ƒβ€ƒβ€ƒπŸ’‘ Consensus: 53.1 | Previous: 53.1

πŸ€” 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.

πŸ”” Mark your calendars. Markets are watching every word.

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