Economic Calendar for week starting 21Oct24

Public Holidays

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

Economic Calendar (21Oct24)

Notable Highlights

  • Existing Home Sales and New Home Sales figures will update us on the real estate market.

  • S&P Global US manufacturing PMI was 47.3 previously. A figure of under 50 indicates a contraction. Are we able to see a rebound in the manufacturing sector?

  • S&P Global US services PMI was 55.2 previously. This implies growth in the services sector. Will this sector continues its growth?

  • Durable Goods Orders contracted by 0.9% previously. Investopedia defines Durable Goods as: new orders placed with domestic manufacturers for delivery of long-lasting manufactured goods (durable goods) in the near term or future.

     

    Will this be good news for our manufacturing sector?

  • 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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# Macro Trend

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  • PeteLeacock
    ·10-21 10:16
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    I'm excited to see how the economic calendar shapes up this week.
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    • KYHBKO
      me too
      10-22 21:38
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