Preview of the week starting 01 Jan 2024 - can Walgreen continue its rally?
Public Holidays However, New Year’s Day (1 Jan 2024) will be a public holiday for Singapore, Hong Kong, China and the USA. Economic Calendar (01 Jan 2024) Notable Highlights FOMC Meeting Minutes should be closely watched as this will shed some light on the pending Fed Pivot. Manufacturing PMI will be released in the coming week. These will capture the performance of the manufacturing sector from Purchasing Manager Index (PMI). Typically, a figure above 50 indicates growth and a figure under 50 shows decline or contraction. The data to watch include S&P Global US Manufacturing PMI (Dec), ISM Manufacturing PMI (Dec) and ISM Manufacturing Prices (Dec) . Non-manufacturing (services) PMI will also be released in the coming week that reflects the growth or contraction to the non-manufacturing / Services sector. Let us monitor the following data that include S&P Global Services PMI (Dec),S&P Global Services PMI (Dec) and ISM Non-Manufacturing PMI (Dec) . ISM Non-Manufac