Public Holidays
Singapore, Hong Kong, China & the USA have no public holidays in the coming week.
Economic Calendar (10 Mar 2025)
Economic Calendar
Notable Highlights
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JOLTs Job openings (Jan) will be shared. The previous number was 7.6 million. This coming update will help us understand the job market outlook and serve as a data reference for the Federal Reserve when making its next interest rate decision.
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The Core CPI and CPI should be the most watched economic data. The Consumer Price Index (CPI) is one of the references used for Inflation. The last CPI (YoY) was 3.0%. If inflation remains stubborn, it could affect the Federal Reserve’s upcoming interest rate decisions, likely causing some volatility in the market.
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The PPI data will also be released in the coming week. This is the inflation affecting producers. The PPI can be seen as a prelude of inflation affecting consumers (CPI), though this can take time (weeks) to hit the market.
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The responses to the 10-year note auction and 30-year bond auction are good indicators of how the market views the market. If there is more demand for the bonds (over equity and other asset classes), the market is seeking more stability instead of other asset classes with more volatility. This can be one of the reflections of the market’s risk appetite.
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Initial jobless claims will be announced. The Federal Reserve uses this as one of the key macro data references as it balances inflation and employment in the economy.
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Crude Oil Inventories can be seen as forward indicators of market demand and consumption. If the trend of excess inventories continues, demand erosion can lead to reduced production & weakened consumer spending.
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