My Investing Muse

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...

Public Holidays There are no public holidays for China, Hong Kong, the USA & Singapore in the coming week. Economic Calendar (06 Nov 2023) Notable Highlights “Fed   Chair Powell speaks”  should be the most watched event in the coming week. This is expected to take place on 8 & 10 Nov (Asia timezone). The market would be able to understand more of their consideration and intent for the coming rate hikes. There will be a few important data points about inflation, employment and economy that would be incorporated as part of their considerations. Initial Jobless Claims  will be released in the coming week. This is another important data point for the Fed’s coming interest rate decision as they seek to balance inflation and unemployment. Together with the  Unemployment   rate , this will be part of the Fed’s consideration for the coming interest rate. decision. Crude Oil Inventories  can be seen as forward indicators of market demand and consumption. If ...