📅 MACRO HIGHLIGHTS — WEEK OF OCTOBER 19–23 🇺🇸
This week, the U.S. macroeconomic calendar will be quieter, with particular attention on the labor market and Friday’s economic activity indicators.
📍 MONDAY 19 AND TUESDAY 20
No major high-impact U.S. releases are scheduled.
📍 WEDNESDAY 21
⏰ 16:30 — CRUDE OIL INVENTORIES (EIA)
• Forecast: Not available
• Previous: -8,557M
👉 Measures the weekly change in oil reserves. It can influence energy prices and inflation expectations.
📍 THURSDAY 22
⏰ 14:30 — INITIAL JOBLESS CLAIMS
• Forecast: 200K
• Previous: 199K
👉 Measures how many people are filing for unemployment benefits for the first time.
The market expects a slight increase. A significant surprise could alter expectations about the strength of U.S. employment.
📍 FRIDAY 23 🔥
⏰ 15:45 — MANUFACTURING PMI (PRELIMINARY)
• Forecast: 55.5
• Previous: 55.9
👉 Measures activity in U.S. factories. A reading above 50 indicates economic expansion.
⏰ 15:45 — SERVICES PMI (PRELIMINARY)
• Forecast: 58.0
• Previous: 58.8
👉 Measures activity in the services sector, one of the main drivers of the U.S. economy.
⏰ 16:00 — MICHIGAN CONSUMER SENTIMENT (FINAL)
• Forecast: 46.3
• Previous: 46.3 (preliminary reading)
👉 Reflects how consumers view their financial situation. Their inflation expectations will also be important to watch.
⚠️ FOR OUR TRADING
🔥 THURSDAY 14:30 — Labor market
🔥 FRIDAY 15:45 — Manufacturing and services PMIs
🔥 FRIDAY 16:00 — Consumer sentiment
These will be the main potential windows for macroeconomic volatility.
👀 Pay particular attention to:
📈 Nasdaq / S&P 500
💵 Dollar
🥇 Gold
The data could shift expectations for the Fed’s upcoming decisions, especially following the recent rebound in inflation.
This week, the U.S. macroeconomic calendar will be quieter, with particular attention on the labor market and Friday’s economic activity indicators.
📍 MONDAY 19 AND TUESDAY 20
No major high-impact U.S. releases are scheduled.
📍 WEDNESDAY 21
⏰ 16:30 — CRUDE OIL INVENTORIES (EIA)
• Forecast: Not available
• Previous: -8,557M
👉 Measures the weekly change in oil reserves. It can influence energy prices and inflation expectations.
📍 THURSDAY 22
⏰ 14:30 — INITIAL JOBLESS CLAIMS
• Forecast: 200K
• Previous: 199K
👉 Measures how many people are filing for unemployment benefits for the first time.
The market expects a slight increase. A significant surprise could alter expectations about the strength of U.S. employment.
📍 FRIDAY 23 🔥
⏰ 15:45 — MANUFACTURING PMI (PRELIMINARY)
• Forecast: 55.5
• Previous: 55.9
👉 Measures activity in U.S. factories. A reading above 50 indicates economic expansion.
⏰ 15:45 — SERVICES PMI (PRELIMINARY)
• Forecast: 58.0
• Previous: 58.8
👉 Measures activity in the services sector, one of the main drivers of the U.S. economy.
⏰ 16:00 — MICHIGAN CONSUMER SENTIMENT (FINAL)
• Forecast: 46.3
• Previous: 46.3 (preliminary reading)
👉 Reflects how consumers view their financial situation. Their inflation expectations will also be important to watch.
⚠️ FOR OUR TRADING
🔥 THURSDAY 14:30 — Labor market
🔥 FRIDAY 15:45 — Manufacturing and services PMIs
🔥 FRIDAY 16:00 — Consumer sentiment
These will be the main potential windows for macroeconomic volatility.
👀 Pay particular attention to:
📈 Nasdaq / S&P 500
💵 Dollar
🥇 Gold
The data could shift expectations for the Fed’s upcoming decisions, especially following the recent rebound in inflation.