Economic Calendar starting 20Jan2025 - S&P Global Manufacturing and Services PMI
Public Holidays
There will be no public holidays in China, Hong Kong, and Singapore next week.
On 20 Jan 2025 (Monday), the USA celebrates Martin Luther King, Jr. Day.
Economic Calendar (20Jan2025)
Notable Highlights
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S&P Global Manufacturing PMI reveals the contraction or growth of global manufacturing - which reveals anticipated demand. S&P Global Services PMI will also be released. A figure above 50 reveals growth and a figure lesser than that reveals contraction.
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Existing home sales let us in about the home real estate market. With the LA fire, we are expecting some increase in demand for homes in the coming weeks.
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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.
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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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