November 21, 2024 at 07:31AM
Today we have another empty European session in terms of data releases. In the American session, we get the latest US Jobless Claims figures and the Philly Fed Manufacturing PMI. We will also hear from many central bank speakers throughout the day.
13:30 GMT/08:30 ET – US Jobless Claims
The US Jobless
Claims continues to be one of the most important releases to follow every week
as it’s a timelier indicator on the state of the labour market.
Initial Claims
remain inside the 200K-260K range created since 2022, while Continuing Claims
after a spike to the cycle highs in the last couple of weeks due to distortions
coming from hurricanes and strikes, are now turning around.
This week Initial
Claims are expected at 220K vs. 217K prior, while Continuing Claims are seen at 1873K vs. 1873K prior.
Central bank speakers:
08:30 GMT/03:30 ET – ECB’s Cipollone (dove – voter)
13:00 GMT/08:00 ET – ECB’s Patsalides (dove – voter)
13:45 GMT/08:45 ET – Fed’s Hammack (neutral – voter)
14:00 GMT/09:00 ET – BoE’s Mann (hawk – voter)
15:00 GMT/10:00 ET – ECB’s Escriva (dove – voter)
15:30 GMT/10:30 ET – ECB’s Elderson (neutral – voter)
15:30 GMT/10:30 ET – ECB’s Lane (dove – voter)
16:00 GMT/11:00 ET – ECB’s Kazimir (hawk – voter)
16:00 GMT/11:00 ET – ECB’s Holzmann (hawk – voter)
16:00 GMT/11:00 ET – ECB’s Vujcic (neutral – voter)
17:25 GMT/12:25 ET – Fed’s Goolsbee (dove – voter)
17:30 GMT/12:30 ET – SNB’s Tschudin and SNB’s Moser
17:30 GMT/12:30 ET – Fed’s Hammack (neutral – voter)
21:40 GMT/16:40 ET – Fed’s Barr (dove – voter)
This article was written by Giuseppe Dellamotta at www.forexlive.com.
