Economic Calendar Dec 2-6, 2024: Inflation Rates, Trade Data, Central Banks’ Speeches
The global economy is abuzz with anticipation as traders and investors gear up for a week of crucial economic data releases. From inflation rates to trade data and central banks’ speeches, here’s a detailed breakdown of the economic calendar for December 2-6, 2024.
Monday: Key Manufacturing PMI Data Releases
– **Japan**: Keep an eye on the Jibun Bank Manufacturing PMI Final for November, with a previous reading of 49.2 and a consensus forecast of 49.
– **Thailand**: S&P Global Manufacturing PMI and Business Confidence data releases for November.
– **China**: Caixin Manufacturing PMI for November.
– **UK**: S&P Global Manufacturing PMI Final for November.
– **Europe Area**: HCOB Manufacturing PMI Final for November, along with ECB President Lagarde’s speech.
– **USA**: S&P Global Manufacturing PMI Final and ISM Manufacturing PMI for November.
Tuesday: JOLTs Job Openings in the USA
Watch out for the JOLTs Job Openings data release in the USA for October.
Wednesday: Services PMI and Price Index Updates
– **Japan**: Jibun Bank Services PMI and Composite PMI Final for November.
– **China**: Caixin Services PMI and Composite PMI for November.
– **Europe Area**: HCOB Services PMI Final and Composite PMI Final for November, in addition to the PPI MoM and YoY data for October.
– **UK**: BoE Gov Bailey’s speech and S&P Global Services PMI Final for November.
– **USA**: API Crude Oil Stock Change, S&P Global Composite PMI Final, S&P Global Services PMI Final, ISM Services PMI, Factory Orders MoM, EIA Crude Oil Stocks Change, and EIA Gasoline Stocks Change for November.
Thursday: Central Bank Speeches and Trade Data
– **Japan**: BOJ Nakamura’s speech.
– **Europe Area**: Retail Sales MoM and YoY data for October.
– **USA**: Fed Chair Powell’s speech, Balance of Trade, Exports, Imports, and Initial Jobless Claims for November.
Friday: Inflation Rates and Employment Data
– **Thailand**: Core Inflation Rate YoY and Inflation Rate YoY for November.
– **Europe Area**: GDP Growth Rate QoQ and YoY 3rd Est for Q3.
– **USA**: Non-Farm Payrolls, Unemployment Rate, and Michigan Consumer Sentiment Preliminary for November.
Stay tuned as these critical data releases could have a significant impact on global markets and the financial landscape. Don’t miss out on the opportunity to stay informed and make informed decisions in this ever-changing economic environment.
