by Calculated Threat on 9/14/2024 08:11:00 AM
The important thing reviews this week are August Retail Gross sales, Housing Begins and Present Residence gross sales.
For manufacturing, August Industrial Manufacturing, and the September New York and Philly Fed surveys might be launched this week.
The FOMC meets this week and is anticipated to chop charges.
—– Monday, September sixteenth —–
8:30 AM ET: The New York Fed Empire State manufacturing survey for September. The consensus is for a studying of -4.0, up from -4.7.
—– Tuesday, September seventeenth —–
8:30 AM ET: Retail gross sales for August might be launched. The consensus is for a 0.2% improve in retail gross sales.
This graph exhibits retail gross sales since 1992. That is month-to-month retail gross sales and meals service, seasonally adjusted (complete and ex-gasoline).
9:15 AM: The Fed will launch Industrial Manufacturing and Capability Utilization for August.
This graph exhibits industrial manufacturing since 1967.
The consensus is for a 0.1% improve in Industrial Manufacturing, and for Capability Utilization to extend to 77.9%.
10:00 AM: The September NAHB homebuilder survey. The consensus is for a studying of 40, up from 39 in August. Any quantity under 50 signifies that extra builders view gross sales situations as poor than good.
—– Wednesday, September 18th —–
7:00 AM ET: The Mortgage Bankers Affiliation (MBA) will launch the outcomes for the mortgage buy functions index.
8:30 AM: Housing Begins for August.
This graph exhibits single and complete housing begins since 1968.
The consensus is for 1.250 million SAAR, up from 1.238 million SAAR.
Through the day: The AIA’s Structure Billings Index for August (a number one indicator for business actual property).
2:00 PM: FOMC Assembly Announcement. The Fed is anticipated to chop charges 25bp at this assembly.
2:00 PM: FOMC Forecasts This may embrace the Federal Open Market Committee (FOMC) individuals’ projections of the suitable goal federal funds charge together with the quarterly financial projections.
2:30 PM: Fed Chair Jerome Powell holds a press briefing following the FOMC announcement.
—– Thursday, September nineteenth —–
8:30 AM: The preliminary weekly unemployment claims report might be launched. The consensus is for 235 thousand preliminary claims, up from 230 thousand final week.
8:30 AM: the Philly Fed manufacturing survey for September. The consensus is for a studying of two.0, up from -7.0.
10:00 AM: Present Residence Gross sales for August from the Nationwide Affiliation of Realtors (NAR). The consensus is for 3.85 million SAAR, down from 3.95 million in July.
The graph exhibits current dwelling gross sales from 1994 by way of the report final month.
—– Friday, September twentieth —–
10:00 AM: State Employment and Unemployment (Month-to-month) for August 2024
