Coinbase (COIN) Update, U.S. Nonfarm Payrolls, Japan Interest-Rate Decision: Crypto Week Ahead
ReadThe coming week will be dominated by data from the wider economy, with employment and inflation reports in the U.S. and interest-rate decisions in Japan and Europe. Coinbase, the largest publicly traded crypto exchange, announces a system update that is expected to include an in-house prediction market.U.S. nonfarm payrolls data, usually released on the first Friday of each month, are scheduled for Tuesday, delayed by the 36-day government shutdown. The figure is one of the most influential measures of the world's largest economy and can influence attitudes to risky investments.STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy .The Bank of Japan is likely to increase its benchmark interest rate for the first time since January. Economists forecast a 25 basis-point raise to 0.75%, the highest in some 30 years. A stronger yen has historically coincided with downward pressure on bitcoin BTC $ 89,629.86. The Friday decision follows European Central Bank and Bank of England policy statements earlier in the week.What to WatchCrypto Dec. 15, 5 a.m.: Aster ASTER $ 0.9318 AMA on Discord. Dec. 15, 10 a.m.: Conflux (CFX) AMA on “AI Agents in Web3” on X Spaces. Dec. 16, 2 a.m.: CRO $ 0.09740 network upgrade. Dec. 17, 5 p.m.: Coinbase system update (a set of set of new features for the Coinbase platform, expected to include tokenized stocks and prediction markets) livestream on X.Macro Dec. 15, 8:30 a.m.: Canada Nov. Inflation Rate. Headline YoY (Prev. 2.2%), MoM (Prev. 0.2%). Core YoY (Prev. 2.9%), MoM (Prev. 0.6%). Dec. 15, 9:30 a.m.: Federal Reserve Governor Stephen I. Miran speech ("The Inflation Outlook"). Watch live. Dec. 16, 8:15 a.m.: U.S. ADP Employment Change Weekly Prev. 4.75K. Dec. 16, 8:30 a.m.: U.S. Nov. employment data. Nonfarm Payrolls Est. 35K; Unemployment Rate Est. 4.4%; Average Hourly Earnings YoY (Prev. 3.8%). Dec. 16, 9:45 a.m.: S&P Global (Flash) U.S. Dec. PMI Composite (Prev. 54.2), Manufacturing (Prev. 52.2), Services (Prev. 54.1). Dec. 17: Federal Reserve Governor Christopher J. Waller speech ("Economic Outlook"). Watch live. Dec. 18, 7 a.m.: Bank of England interest-rate decision. Benchmark rate Est. 3.75%. Dec. 18, 8:15 a.m.: European Central Bank interest-rate decision. Benchmark rate Est. 2.15%. Dec. 18, 8:30 a.m.: U.S. Nov. Inflation Rate. (No estimates available) Dec. 18, 8:30 a.m.: U.S. Jobless Claims. Initial (for week ended Dec. 13) (Prev. 236K), Continuing (for week ended Dec. 6) (Prev. 1838K). Dec. 18, 2 p.m.: Argentina Q3 Unemployment Rate (Prev. 7.6%). Dec. 18, 2 p.m.: Mexico central bank interest-rate decision. Benchmark rate (Prev. 7.25%). Dec. 19, 10 a.m.: U.S. Dec. (Final) University of Michigan Survey. Consumer Sentiment Index Est. 53.3; Inflation Expectations Est. 4.1%.Earnings (Estimates based on FactSet data) Nothing scheduled.Token EventsConferences
