Market Tensions Rise Amid Central Bank Communications and Seasonal Factors

According to PANews, market sentiment has been tense this week due to communications from central banks and seasonal factors, with cryptocurrencies experiencing the most significant impact. Despite maintaining relatively high levels, their price movements resemble a minor correction rather than a simple pullback. Ethereum has fallen below $4,000, and Bitcoin is just shy of $110,000. The market is closely watching to see if further corrections in cryptocurrencies will trigger additional reactions from the persistent market frenzy. Key events to watch this week include: On Monday at 20:00 (UTC+8), 2026 FOMC voting member and Cleveland Fed President Harker will participate in a policy panel discussion. On Tuesday at 01:30 (UTC+8), FOMC permanent voting member and New York Fed President Williams, along with 2025 FOMC voting member and St. Louis Fed President Mussa, will deliver speeches. At 06:00 (UTC+8) on Tuesday, 2027 FOMC voting member and Atlanta Fed President Bostic will discuss economic topics with Delta Air Lines CEO. At 18:00 (UTC+8) on Tuesday, Federal Reserve Vice Chair Jefferson will speak. At 21:45 (UTC+8) on Tuesday, the U.S. September Chicago PMI will be released. At 22:00 (UTC+8) on Tuesday, the U.S. August JOLTs job openings and September Conference Board Consumer Confidence Index will be announced. On Wednesday at 01:00 (UTC+8), 2025 FOMC voting member and Chicago Fed President Goolsbee will speak. At 07:10 (UTC+8) on Wednesday, 2026 FOMC voting member and Dallas Fed President Logan will deliver remarks. At 08:30 (UTC+8) on Wednesday, Federal Reserve Vice Chair Jefferson will speak again. On Thursday at 20:30 (UTC+8), the U.S. initial jobless claims for the week ending September 27 and the August factory orders month-over-month rate will be released. At 22:30 (UTC+8) on Thursday, 2026 FOMC voting member and Dallas Fed President Logan will speak again. On Friday at 18:05 (UTC+8), FOMC permanent voting member and New York Fed President Williams will speak at the farewell symposium for Dutch Central Bank President Knot. At 20:30 (UTC+8) on Friday, the U.S. September non-farm payrolls, unemployment rate, and average hourly earnings year-over-year and month-over-month rates will be released.