Fed Powell speaks, Home Sales, PMI - Economic Calendar (21Jul25)

KYHBKO
07-20

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Economic Calendar (21Jul25)

Economic Outlook (from Grok)

  1. Monetary Policy:

     

    Powell’s speech on Tuesday will be pivotal. His tone could range from neutral to hawkish if inflation concerns persist, impacting market sentiment.

  2. Housing Market:

     

    Existing Home Sales (4.0M forecast) and New Home Sales (650K forecast) suggest a mixed housing outlook. Stability in existing sales contrasts with a slight decline in new sales, indicating potential softening demand.

  3. Labor Market:

     

    Initial Jobless Claims at 221K previously suggested a robust labor market. Any increase could raise concerns about economic slowdown, while stability might support confidence.

  4. Manufacturing and Services:

     

    Both S&P Global PMIs (Manufacturing and Services at 52.9) indicate continued expansion, reflecting resilience in key sectors if the trend holds.

  5. Energy and Consumer Demand:

     

    The prior crude oil drawdown (-3.859M) suggests tight supply, which could drive oil prices higher if it continues.

The most watched event should be Powell’s speech. With speculations of his firing and investigations, it would be interesting as President Trump applies pressure to bring down the interest rates.

@TigerStars

$S&P 500(.SPX)$

$SPDR S&P 500 ETF Trust(SPY)$

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Comment（4）

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  • AfraSimon
    ·07-21
    TOP
    Powell's speech will definitely set the tone—market volatility is in the air
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    • KYHBKO: 
      yes. especially when both bullish and bearish indicators are moving
      07-23
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  • ColinThorndike
    ·07-21
    TOP
    Great analysis! Exciting times ahead! [Wow]
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    • KYHBKO: 
      yes. exciting times indeed. with volatility, there are opportunities.
      07-23
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