Consumer Confidence and new home sales - Economic Calendar starting 23Dec24

KYHBKO
12-23 13:20

Public Holidays

There will be no public holidays in China for the coming week.

America, Singapore and Hong Kong are closed on Christmas Day (25 Dec 2024). Some countries are operating half a day on Christmas Eve (24 Dec 2024).

Here's wishing all a “Blessed Christmas.” May 2025 be an awesome year of good health and success.

Economic Calendar (23Dec24)

Notable Highlights

  • CB consumer confidence data will be released this coming Monday. This is a reflection of how the consumer sees the market.

  • On the other hand, Durable goods orders are expecting a decline of 0.4%.

  • New home sales data will be released with a forecast of 650,000 new home sales. This data provides some insight into residential real estate.

  • 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.

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