Wall Street: GDP, inflation and expected activity indices


As the quarterly and annual results season continues on Wall Street, economic news will also be provided…






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(Boursier.com) — As the quarterly and annual results season continues on Wall Street, economic news will also be provided. This Monday, operators will follow the Conference Board’s leading indicators index for the month of December (4 p.m., FactSet consensus -0.3%).

Tomorrow Tuesday, the Richmond Fed manufacturing index for the month of January will be revealed at 4 p.m. (consensus -2.8).

On Wednesday, investors will follow the flash composite PMI for January (3:45 p.m., consensus 51, with the manufacturing index expected at 48 and the services indicator expected at 51.8), as well as the weekly report from the US Department of Energy on domestic oil stocks, for the week ending January 19 (4:30 p.m.).

Thursday will be a busy day, with durable goods orders for December starting at 2:30 p.m. (consensus +1%, or +0.2% excluding transport), the Chicago Fed’s national activity index for December (consensus 0 .05), weekly unemployment claims for the week ended January 20 (consensus 200,000), the balance of international trade in goods for December (consensus -$88.5 billion), as well as the first preliminary estimate of GDP for the fourth quarter (consensus at a rate of +2% according to Bloomberg, +2.5% for personal consumption expenditure). December new home sales will be released at 4 p.m. (FactSet consensus 645,000), while the Kansas City Fed’s manufacturing index will be announced at 5 p.m.

Finally, on Friday, operators will monitor personal income and household expenditure at 2:30 p.m. (consensus +0.3% for income, +0.5% for expenditure, +0.2% for the price index adjusted in comparison of the previous month, i.e. +3% over one year), then at 4 p.m. the promises of housing sales for December (consensus +2% compared to the previous month).


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