Economic Calendar: Key Market Movers (week of 22Dec25)
In the coming week, several countries will be observing Christmas. In the United States, there will be an early market closure beginning on 24 December to mark the occasion. Christmas Day, 25 December, will be celebrated in America, Singapore, and Hong Kong, with all three regions observing the holiday. Additionally, Hong Kong will remain closed for an extra day on 26 December in recognition of the extended holiday period.
On the other hand, China will not have any public holidays during this week and normal operations are expected to continue there.
Federal Reserve’s Preferred Inflation Measure: PCE
The Personal Consumption Expenditures (PCE) index, which is the Federal Reserve’s preferred gauge of inflation, is scheduled for release in the coming week. In October, the year-on-year PCE data stood at 2.8%. Should this figure trend higher in the next report, it could influence the Federal Reserve’s approach to reducing interest rates in the upcoming months.
Gross Domestic Product (GDP) for Q3
The third quarter GDP results are also set to be released, with forecasts currently at 3.2%. This data will be closely monitored as an indicator of overall economic health and growth momentum.
Durable Goods Orders
Durable goods orders for October previously posted a monthly increase of 0.5%. This figure serves as a valuable reference point for assessing American consumer spending and demand for long-lasting manufactured items.
CB Consumer Confidence Index
The Conference Board (CB) Consumer Confidence Index for December is forecasted at 91.7. This level suggests a contraction in consumer sentiment, which may have a subsequent impact on broader consumption patterns.
New Home Sales
Data on new home sales for September, October, and November will be released in the coming weeks, offering insight into trends in the real estate market.
Initial Jobless Claims
Additionally, initial jobless claims are forecasted at 220,000; any significant changes in this number could introduce volatility into the markets.
Crude Oil Inventories
The most recent crude oil inventory figures indicated a drawdown of 1.274 million barrels. This reduction suggests increased consumption and is generally considered bullish for the market in the short term.
Christmas festivities
From my family to yours, wishing all a blessed Christmas and a Happy New Year. Wishing all of us peace, health and success in the coming 2026.
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