Economic Calendar (18Nov24) - USA PMI and home sales

KYHBKO

11-17

Public Holidays

There are no public holidays in Singapore, Hong Kong, America, or Singapore in the coming week.

Economic Calendar (18Nov24)

Notable Highlights

S&P Global US Manufacturing PMI. The last update came in at 48.5, indicating a contraction in the manufacturing sector.
S&P Global Services PMI is expected to expand following a strong previous showing at 55.0.
Philadelphia Fed Manufacturing Index is a good reflection of the manufacturing sector.
Existing Home Sales is a good reference for real estate’s health.
Initial jobless claims will be announced. The Federal Reserve uses this as one of the key macro data references as it balances inflation and employment in the economy.
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

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If the trend of excess inventories continues, demand erosion can lead to reduced production &amp; weakening consumer spending.\n </li>\n</ul>\n\n<a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars</a>\n<a href=\"https://ttm.financial/S/.SPX\">$.SPX(.SPX)$</a>\n</body></html>","htmlText":"<html><head></head><body>\n<h2>Public Holidays</h2>\nThere are no public holidays in Singapore, Hong Kong, America, or Singapore in the coming week.\n\n<h2>Economic Calendar (18Nov24)</h2>\n<img src=\"https://community-static.tradeup.com/news/de09d1e9f8c752937e349d1094a1aad6\" tg-width=\"717\" tg-height=\"342\">\nNotable Highlights\n<ul>\n <li>\n S&amp;P Global US Manufacturing PMI. The last update came in at 48.5, indicating a contraction in the manufacturing sector.</li>\n <li>\n S&amp;P Global Services PMI&nbsp;is expected to expand following a strong previous showing at 55.0.</li>\n <li>\n Philadelphia Fed Manufacturing Index&nbsp;is a good reflection of the manufacturing sector.</li>\n <li>\n Existing Home Sales&nbsp;is a good reference for real estate’s health.</li>\n <li>\n Initial jobless claims&nbsp;will be announced. The Federal Reserve uses this as one of the key macro data references as it balances inflation and employment in the economy.</li>\n <li>\n Crude Oil Inventories&nbsp;can be seen as forward indicators of market demand and consumption. 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