Here is the checklist of significant indicators which may impact the market globally.
FOMC Member Bullard Speaks at 6:30 PM
Measures: Due to speak about the US economy and monetary policy at a luncheon hosted by the Little Rock Regional Chamber, in Arkansas. Audience questions expected
FOMC voting member 2010, 2013, 2016, 2019, and 2022
Federal Reserve FOMC members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy
USD: Philly Fed Manufacturing Index at 7:00 PM
Measures: Level of a diffusion index based on surveyed manufacturers in Philadelphia
Released monthly, on the third Thursday of the current month
Next Release Dec 15, 2022
Economic Indicator: Above 0.0 indicates improving conditions, below indicates worsening conditions
It’s a leading indicator of economic health – businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment
Forecast- [-6.0]
Previous- [-8.7]
Actual- ?
Impact- The forecast figure seems to be positive for base metals and the dollar while negative for bullions. The actual figure is to release at 7:00 PM.
USD: Unemployment Claims at 7:00 PM
Measures: The number of individuals who filed for unemployment insurance for the first time during the past week
Released weekly, usually on the first Thursday after the week ends
Next Release Nov 23, 2022
This is the nation’s earliest economic data. The market impact fluctuates from week to week – there tends to be more focus on the release when traders need to diagnose recent developments, or when the reading is at extremes
Although it’s generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country’s monetary policy
Forecast- [228K]
Previous- [225K]
Actual- ?
Impact- The forecast figure seems to be negative for base metals and the dollar while positive for bullions. The actual figure to release at 7:00 PM.
USD: FOMC Member Mester Speaks at 8:10 PM
Measures: Due to deliver opening remarks at the annual financial stability conference hosted by the Cleveland Federal Reserve Bank
FOMC voting member 2014, 2016, 2018, 2020, and 2022
Federal Reserve FOMC members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy
Natural Gas Storage at 9:00 PM
Measures: Change in the number of cubic feet of natural gas held in underground storage during the past week
Released weekly, 5 days after the week ends
Next Release Date Nov 23, 2022
Inventories are used to maintain price stability during supply shortages and periods of increasing demand
Forecast- [66B ]
Previous- [79B ]
Actual- ?
Impact- The forecast figure seems to be slightly positive for Natural Gas The actual figure is to release at 9:00 PM.
Source: Forex Factory
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