Here is the checklist of leading events which may define the economic health of the country thereby defining the purchasing power and job openings.
USD: ISM Manufacturing PMI at 7:30 PM
Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry
Released monthly, on the first business day after the month ends
Next Release Date Dec 1, 2022
Above 50.0 indicates industry expansion, below indicates contraction
It’s a leading indicator of economic health – businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy
Forecast- [50.0]
Previous- [50.9]
Actual- ?
Impact- The forecast figure seems to be neutral for base metals and the dollar while positive for bullions. The actual figure to release at 7:30 PM.
USD: JOLTS Job Openings at 7:30 PM
Measures: Number of job openings during the reported month, excluding the farming industry
Released monthly, about 35 days after the month ends
Next Release Date Nov 30, 2022
It’s released late, but can impact the market because job openings are a leading indicator of overall employment
Forecast- [9.75M]
Previous- [10.05M]
Actual- ?
Impact- The actual figure seems to be neutral for base metals and the dollar while positive for bullions. The actual figure to release at 7:30 PM
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