Very important Economic Calendar 28.07–01.08: FOMC, BTC, tariffs

This Week (July 28 – August 1) — the final week of the month is packed with key events.
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📋 High volatility ahead — as the Fed’s key "threelemma" (inflation, labor market, tariffs) comes into focus.
Several important macro releases are scheduled — each one matters on its own, but combined, they can move markets sharply.

🗓 Monday (July 28)
▪️ 12:30 UTC – QRA (Part 1): upcoming US Treasury borrowing needs
▪️ 16:00 UTC – 2Y & 5Y bond auctions – key indicator of market expectations ahead of FOMC
🔗 Strong demand = stronger rate cut expectations

🗓 Tuesday (July 29)
▪️ 12:30 UTC – US GDP (Q2 estimate)
▪️ 16:00 UTC – 7Y bond auction

🗓 Wednesday (July 30)
▪️ 12:15 UTC – ADP employment report – early signal ahead of NFP
▪️ 12:30 UTC – QRA (Part 2): breakdown of Treasury borrowing
▪️ 18:00 UTC – FOMC rate decision (no change expected – 4.5%) + Powell’s press conference

🗓 Thursday (July 31)
▪️ 12:30 UTC – PCE inflation (June) – Fed’s favorite inflation gauge

🗓 Friday (August 1)
▪️ 12:30 UTC – Nonfarm Payrolls (employment)
▪️ 13:00 UTC – ISM Manufacturing Index (July)
▪️ 13:00 UTC – Univ. of Michigan Consumer Sentiment Index
▪️ All day – July auto sales data

🚨 LIBERATION DAY 2.0
Potentially the most impactful event of the week: the Trump administration will begin sending “tariff letters” to ~200 countries.
This marks the end of the temporary tariff relief (April 8 – August 1).
Markets expect a new wave of global trade tension — timing is still uncertain.

💡 Summary:
Every day brings a new potential driver.
Markets are nervous and highly reactive — sharp moves are likely...

BTC is currently being held above $117K, but Wednesday and Friday bring high risk of "news bombs".