The keys of the week: the economic and financial data that the market will closely follow

The keys of the week: the economic and financial data that the market will closely follow

December 1, 2024 – 15:39

This week, data from the US labor market and other key economies in the world are expected, in addition to two important reports for Argentina such as the REM and the monthly Monetary report published by the Central Bank.

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The publication of purchasing manager indices (PMI) of the main economies, being that of China The one of greatest interest, the GDP of the eurozone, the German and French trade balance, with the political situation in the latter country, and the labor market data in the United States will be key next week for the international stock markets. While for the Argentinathe reports to follow have to do with the Survey of Market Expectations (REM) and the monthly Monetary Report, both published by the Central Bank.

The keys to the economy for the first week of December

Monday

The US will begin the week with the publication of the manufacturing PMI and the economic activity indicator, the ISM manufacturing for the month of November, which will be joined by the appearance of the governor of the Federal Reserve, Christopher Waller, and the public debt auction at 3 and 6 months.

Wednesday

  • Statements are expected from Jerome Powell, president of the Fed (USA)
  • INDEC will report on the fishing industrial production index (fishing IPI) for October 2024.

Thursday

  • USA: US unemployment claims data will be released, the day on which this country’s trade balance is also published.
  • INDEC will release the Mining Industrial Production Index (Mining IPI) for October 2024.
  • The BCRA will publish its Market Expectations Survey (REM) for November 2024.

Friday

  • The US will end its trading week with the data on the unemployment rate for November.
  • INDEC will publish the Manufacturing Industrial Production Index (Manufacturing IPI) for October 2024.
  • INDEC will also report on the Construction Activity Situation Indicators (ISAC) for October 2024.
  • The BCRA will release its monthly monetary report for November 2024.

Source: Ambito

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