๐
This weekโs key macroeconomic events:
๐บ๐ธ 22/10 20:30 (UTC+8) - Unemployment Claims (Forecast: 200K, Previous: 199K)
๐บ๐ธ 23/10 21:45 (UTC+8) - Flash Manufacturing PMI (Forecast: 55.5, Previous: 57.0)
๐บ๐ธ 23/10 21:45 (UTC+8) - Flash Services PMI (Forecast: 58.0, Previous: 58.7)
๐บ๐ธ 23/10 22:00 (UTC+8) - Revised UoM Consumer Sentiment (Forecast: 46.3, Previous: 46.3)
๐บ๐ธ 23/10 22:00 (UTC+8) - Revised UoM Inflation Expectations (Forecast: N/A, Previous: 4.7%)
Forward-looking data suggest that expectations for both manufacturing and services PMIs have softened slightly. However, initial jobless claims are still expected to remain low, and labor market resilience may keep inflation persistent. With little prospect of a meaningful shift away from the Fedโs tightening stance, signs of cooling in economic fundamentals may be slow to translate into expectations of monetary easing. Risk assets therefore remain under downside pressure amid the tug-of-war between liquidity and fundamentals.
#MacroEconomics #Fed
๐บ๐ธ 22/10 20:30 (UTC+8) - Unemployment Claims (Forecast: 200K, Previous: 199K)
๐บ๐ธ 23/10 21:45 (UTC+8) - Flash Manufacturing PMI (Forecast: 55.5, Previous: 57.0)
๐บ๐ธ 23/10 21:45 (UTC+8) - Flash Services PMI (Forecast: 58.0, Previous: 58.7)
๐บ๐ธ 23/10 22:00 (UTC+8) - Revised UoM Consumer Sentiment (Forecast: 46.3, Previous: 46.3)
๐บ๐ธ 23/10 22:00 (UTC+8) - Revised UoM Inflation Expectations (Forecast: N/A, Previous: 4.7%)
Forward-looking data suggest that expectations for both manufacturing and services PMIs have softened slightly. However, initial jobless claims are still expected to remain low, and labor market resilience may keep inflation persistent. With little prospect of a meaningful shift away from the Fedโs tightening stance, signs of cooling in economic fundamentals may be slow to translate into expectations of monetary easing. Risk assets therefore remain under downside pressure amid the tug-of-war between liquidity and fundamentals.
#MacroEconomics #Fed