The brief partial shutdown of the US government put an end to the jobs report due on Friday; instead, it will arrive this week. Watch for Wednesday’s benchmark nonfarm payrolls report. The world’s largest economy is expected to have created 70,000 jobs last month, more than in December, while the unemployment rate is expected to remain stable at 4.4%.
The week also includes gains from some of the largest and most high-profile crypto companies, including crypto exchange Coinbase (COIN). Robinhood (HOOD), a trading platform that covers both stocks and cryptocurrencies, is also on the list.
Outside the US, there will be a lot of attention in Asia, where CoinDesk’s second annual Consensus Hong Kong conference is taking place. There is a high probability that participating companies will use the event as a venue for corporate announcements.
What to watch
(All times ET)
- Crypto
- February 10: Mantle will present Mantle State of Mind Ep. 06 live from Consensus Hong Kong.
- February 11: Immutable to complete the merger of Immutable X and Immutable zkEVM.
- Macro
- February 9, 11 am: US consumer inflation expectations for January (previous 3.4%)
- February 10, 7 am: Brazil inflation rate YoY (previous 4.26%), MoM (previous 0.33%)
- February 10, 8:30 am: US monthly retail sales for December est. 0.5% (previously 0.6%)
- February 10 8:30 am: US Labor Cost Index QoQ (previously 0.8%)
- February 10, 2 pm: Argentina inflation rate year-on-year (previously 31.5%), monthly (previously 2.8%)
- February 10, 8:30 pm: China’s year-on-year inflation rate for January (previously 0.8%); Monthly (previously 0.2%)
- February 11, 8:30 am: US nonfarm payrolls for January est. 70K (previously 50K)
- February 11, 8:30 am: US unemployment rate for January est. 4.4% (previously 4.4%)
- February 11, 8:30 am: US average hourly earnings for January YoY est. 3.8% (previously 3.6%)
- February 12, 2:00 am: UK MoM GDP for December. (Previous 0.3%)
- February 12, 5:30 am: India’s year-on-year inflation rate for January (previously 1.33%); Monthly (previous 0.05%)
- February 12, 8:30 am: US Initial Jobless Claims Week Ending February 7 (Previous 231K)
- February 12, 10 am: US existing home sales for January est. 4.25 million (previously 4.35 million)
- February 13, 8:30 am: US year-on-year core inflation rate for January (previously 2.6%); Monthly est. 0.3% (previously 0.2%)
- February 13, 8:30 am: US year-over-year inflation rate for January (previously 2.7%); Monthly est. 0.3% (previously 0.3%)
- February 14: Japan’s Q4 GDP quarter-on-quarter growth rate (previous) estimated at 0.4% (previous -0.6%); Annualized est. 1.6% (Previous -2.3%)
- Earnings (Estimates based on FactSet data)
- February 10: Canaan (CAN), premarket, -$0.03
- February 10: Robinhood Markets (HOOD), post-market, $0.63
- February 10: Upexi (UPXI), post-market, -$0.07
- February 10: Lite Strategy (LITS), post-market
- February 12: Coinbase (COIN), post-market, $1.04
- February 12: Coincheck Group (CNCK), post-market, $0.01
- Feb 12: Bitdeer Technologies Group (BTDR), pre-market, -$0.06
- February 13: Trump Media & Tech Group (DJT), post-market
- Feb 13: HIVE Digital Technologies (HIVE), post-market, -$0.07
symbolic events
- Governance votes and calls
- February 11: Ripple will host the XRP Community Day at X Spaces, where XRP adoption, regulated finance, and innovation will be discussed.
- Unlock
- February 10: Apts to unlock 0.69% of its circulating supply worth $12.07 million.
- February 11: to unlock 0.32% of its circulating supply worth $14.33 million.
- February 15: Connection to unlock 1.56% of its circulating supply worth $15 million.
- Token releases
