Schedule for Week of November 3, 2024

Date:

Share post:

by Calculated Threat on 11/02/2024 08:11:00 AM

The FOMC meets this week and is anticipated to chop charges.


—– Monday, November 4th —–


No main financial releases scheduled.

—– Tuesday, November fifth —–


All day: U.S. Election

8:30 AM: Commerce Stability report for September from the Census Bureau.  The consensus is for the deficit to be $73.5 billion in September, from $70.4 billion in August.

This graph exhibits the U.S. commerce deficit, with and with out petroleum, by the latest report.

The blue line is the full deficit, and the black line is the petroleum deficit, and the purple line is the commerce deficit ex-petroleum merchandise.

10:00 AM: the ISM Companies Index for October.  The consensus is for a lower to 53.3 from 54.9.


—– Wednesday, November sixth —–


7:00 AM ET: The Mortgage Bankers Affiliation (MBA) will launch the outcomes for the mortgage buy purposes index.

—– Thursday, November seventh —–


8:30 AM: The preliminary weekly unemployment claims report shall be launched. The consensus is for 224 thousand preliminary claims, up from 216 thousand final week.

2:00 PM: FOMC Assembly Announcement. The Fed is anticipated to chop charges 25bp at this assembly.

2:30 PM: Fed Chair Jerome Powell holds a press briefing following the FOMC announcement.


—– Friday, November eighth —–


10:00 AM: College of Michigan’s Client sentiment index (Preliminary for November).

Related articles

Non-public-Sector Jobs Went Destructive in October. Will the Fed Panic Once more?

In response to the most up-to-date report from the federal authorities’s Bureau of Labor Statistics, the US economic system added...

Donald Trump victory bets and robust US financial system energy greenback beneficial properties

Unlock the US Election Countdown e-newsletter at no costThe tales that matter on cash and politics within the...

Enterprise Cycle Indicators as of November’s Begin

Employment for October and month-to-month GDP for September, within the set of variables adopted by the NBER’s BCDC: Determine...

The Employment Launch: Draw back Shock, Signifying?

NFP +12K vs. consensus +106K, non-public NFP -28K vs. +90K; however wage development (0.4% vs. 0.3% m/m) and...