by Calculated Danger on 11/02/2024 08:11:00 AM
The FOMC meets this week and is predicted to chop charges.
—– Monday, November 4th —–
No main financial releases scheduled.
—– Tuesday, November fifth —–
All day: U.S. Election
8:30 AM: Commerce Steadiness report for September from the Census Bureau. The consensus is for the deficit to be $73.5 billion in September, from $70.4 billion in August.
This graph exhibits the U.S. commerce deficit, with and with out petroleum, by means of the latest report.
The blue line is the whole deficit, and the black line is the petroleum deficit, and the pink line is the commerce deficit ex-petroleum merchandise.
10:00 AM: the ISM Providers Index for October. The consensus is for a lower to 53.3 from 54.9.
—– Wednesday, November sixth —–
7:00 AM ET: The Mortgage Bankers Affiliation (MBA) will launch the outcomes for the mortgage buy functions index.
—– Thursday, November seventh —–
8:30 AM: The preliminary weekly unemployment claims report will likely be launched. The consensus is for 224 thousand preliminary claims, up from 216 thousand final week.
2:00 PM: FOMC Assembly Announcement. The Fed is predicted to chop charges 25bp at this assembly.
2:30 PM: Fed Chair Jerome Powell holds a press briefing following the FOMC announcement.
—– Friday, November eighth —–
10:00 AM: College of Michigan’s Shopper sentiment index (Preliminary for November).
