PCE - Economic Calendar (26May25)

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KYHBKO
05-25

Public Holidays

There are no public holidays in China and Singapore.

America is closed on 26May25 as they celebrate Memorial Day.

Hong Kong is closed on 31May25 as they celebrate Tuen Ng Day (also known as Dragonboat Festival).

Economic Calendar (26May25)

Notable Highlights (some are taken from Grok)

  • Fed Chair Powell’s remarks could provide insights into monetary policy, potentially influencing markets depending on his stance on interest rates and inflation.

  • Previous Durable Goods Orders (Apr) were at 7.5% (month-over-month). No forecast is provided, but a strong reading could signal robust economic activity, while a decline might raise concerns.

  • CB Consumer Confidence (May) is forecasted at 88.0, up from 86.0. A drop in consumer confidence could indicate weaker consumer spending, a key driver of economic growth.

  • GDP (Q2Q) (Q1) is forecasted at -0.3%, unchanged from the previous reading. This confirms a contraction in economic growth, which could pressure markets if the actual figure worsens.

  • Core PCE Price Year-over-Year: Previous was 2.6%. No forecast, but a rise could signal persistent inflationary pressure.

  • Previous Chicago PMI (May) was 44.6 (below 50 indicates contraction). Another weak reading could highlight ongoing manufacturing challenges.

  • Previous Manufacturing PMI (May) (China) was 49.0 (below 50 indicates contraction). A further decline could signal weakness in China’s manufacturing sector, impacting global markets.

  • Initial jobless claims will be announced. Previous Initial Jobless Claims was 227K. No forecast provided, but a rise could signal labor market weakness, while a drop might indicate resilience. This weekly report tracks the number of new unemployment claims, serving as a leading indicator of labour market health. The Federal Reserve uses this as one of the key macro data references as it balances inflation and employment in the economy.

  • Crude Oil Inventories can be seen as forward indicators of market demand and consumption. This event tracks the weekly change in U.S. crude oil inventories, an oil supply and demand indicator that can impact oil prices and energy markets. If the trend of excess inventories continues, demand erosion can lead to reduced production & weakened consumer spending.

This week could see market volatility, particularly around Fed-related events and inflation data.

@TigerStars

$S&P 500(.SPX)$

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