Critical macro data for the market this week

Super important macro data for the market's direction in the coming period that you should follow - to be released starting tomorrow (Israel time)

Monday (tomorrow): 16:45🕖- Manufacturing PMI for September 🇺🇸

Tuesday: 17:00🕖- CB Consumer Confidence Index for September. 🇺🇸

Wednesday: 17:00🕖- New home sales for August. 🇺🇸

17:30🕖- US crude oil inventories. 🇺🇸

Thursday: 15:30🕖- GDP (quarterly) for Q2 🇺🇸

15:30🕖- US unemployment claims rate 🇺🇸 16:20🕖- Speech by Federal Reserve Chairman Jerome Powell 🇺🇸

Friday: 15:30🕖- Core PCE price index (annual) for August 🇺🇸 15:30🕖- Core PCE price index (monthly) for August 🇺🇸

• All this data is super important for the market's direction in the coming period ---> especially during interest rate cuts - and will be released during the week. ✉️

📍This data will be the market's compass for the coming period and will indicate the market's direction - whether we are heading for continued upward trends 🔼 or the beginning of downward trends 🔽.