Critical macro data for the market this week

A review of the key macro data to be released this week that will influence the market's direction.

By the SpyStocks desk Β· 1y ago Β· 1 min read

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): 16:45πŸ•–- Manufacturing PMI for September πŸ‡ΊπŸ‡Έ

Tuesday: 17:00πŸ•–- CB Consumer Confidence Index for September. πŸ‡ΊπŸ‡Έ

Wednesday: 17:00πŸ•–- New home sales for August. πŸ‡ΊπŸ‡Έ

17:30πŸ•–- US crude oil inventories. πŸ‡ΊπŸ‡Έ

Thursday: 15:30πŸ•–- GDP (quarterly) for Q2 πŸ‡ΊπŸ‡Έ

15:30πŸ•–- US unemployment claims rate πŸ‡ΊπŸ‡Έ 16:20πŸ•–- Speech by Federal Reserve Chairman Jerome Powell πŸ‡ΊπŸ‡Έ

Friday: 15:30πŸ•–- Core PCE price index (annual) for August πŸ‡ΊπŸ‡Έ 15:30πŸ•–- Core PCE price index (monthly) for August πŸ‡ΊπŸ‡Έ

β€’ 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. βœ‰οΈ

πŸ“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 πŸ”Ό or the beginning of downward trends πŸ”½.

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