As traders approach another pivotal day for financial markets on Tuesday, October 22, 2024, a series of crucial economic events and data releases that could sway market dynamics are expected. While no major three-star events are scheduled, market participants will closely monitor speeches from Federal Reserve officials and key oil inventory data.
Major Economic Events to Watch
Other Important Economic Events to Watch
• 9:00 AM ET: FOMC Member Harker Speaks – Federal Reserve Bank of Philadelphia President Patrick Harker’s public engagement may offer insights into future monetary policy.
• 4:30 PM ET: API Weekly Crude Stock (Previous: -1.580M) – This report on US , gasoline, and distillates stocks provides an overview of petroleum demand.
Other Economic Events to Watch
• 5:00 AM ET: IMF Meetings – Annual gathering of global financial leaders to discuss world economic outlook and international development.
• 7:55 AM ET: Redbook (Previous: 5.6%) – Year-over-year same-store sales growth index for large US general merchandise retailers.
• 9:00 AM ET: Richmond Services Index (Previous: -1) – Survey of business activity in the Fifth Federal Reserve District.
• 9:00 AM ET: Richmond Manufacturing Index (Forecast: -19, Previous: -21) – Indicator of business conditions in the Richmond area manufacturing sector.
• 9:00 AM ET: Richmond Manufacturing Shipments (Previous: -18) – Measure of manufacturing shipments in the Fifth Federal Reserve District.
• 12:00 PM ET: US M2 Money Supply (Previous: 21.18T) – Broad measure of money supply including household financial assets.
For further information and the latest updates, please refer to our Economic Calendar, here.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
