Economic Calendar (08Apr24) - will CPI be good news?

KYHBKO
04-06

Public Holidays

Singapore celebrates Eid al-Fitr (Hari Raya Puaa) on 10 Apr 2024 (Wed).

There are no public holidays in Hong Kong, China and America in the coming week.

Economic Calendar (08 Apr 2024)

Notable Highlights

  • The most watched data in the coming week from the economic calendar will be CPI. The CPI is also known as the inflation indicator. A forecast of 3.4% CPI year on year is on the cards. Should the figure turn out to be higher, the market is expected to turn bearish and vice versa.

  • There will be updates of 10-year note auctions and 30-year bond auctions. These are part of the Federal Reserve funding the spending deficit.

  • Initial jobless claims will also be a key macro data that the Federal Reserve will look into as they ponder the next interest rate decision

  • Crude Oil Inventories can be seen as forward indicators of market demand and consumption. If the trend of excess inventories continues, demand erosion can lead to reduced production & weakening consumer spending.

@TigerStars

$S&P 500(.SPX)$

Macro Trend
Monetary policy, various types of price indices... Here is everything about the macro economy!
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Comments

  • NoraPoe
    04-07
    NoraPoe
    You're right, the upcoming CPI data will be a key focus for the markets.
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