Economic Calendar for week starting 09Jan2023
Economic Calendar
Some observations:
- Crude Oil inventories - these are forward indicators of market consumption. The producers will produce based on the anticipated consumption.
- Initial jobless claims - this is one of the key data points as the Fed will need to balance inflation with unemployment. So long the unemployment remains low, the Fed can maintain its “hawkish” stand with their interest rate hikes.
- CPI (Core CPI MoM Dec, CPI YoY Dec, CPI MoM Dec) - The consumer price index is commonly treated as an indicator of inflation. This will be a crucial data point that lays the direction on how Fed manage the coming interest rate hike.
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