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 No public holidays in the coming week for Hong Kong, China, Singapore and the USA. However, Christmas Day (25 Dec 2023, Monday) will be a public holiday for Singapore, Hong Kong and the USA. Economic Calendar (18 Dec 2023) Notable Highlights Home data - Building Permits, Existing Home Sales and New Home sales  will bring an understanding of the US real estate. With news of a potential Fed pivot in 2024, will this increase the demand for property? Philadelphia Fed Manufacturing Index . This shows the growth or contraction of the manufacturing sector. A decline is expected. PCE (Core) . This is Fed’s preferred indicator for inflation. This should be the next most closely watched data which has significant implications for the Fed’s coming interest rate decisions. CB Consumer Confidence  - this is an indication of consumer confidence that ties to consumer’s outlook. Initial Jobless Claims  - This is a reflection on the impact of unemployment, a data po...