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The most important expected economic data for this week, from 26 to 30 December 2022
The most important data expected this week
United State
Pending Home Sales Index (MoM) (November) - Wednesday (05:00 PM)
On a monthly basis (October) figures showed a decline in US pending home sales of -4.6%, the fifth consecutive drop, slightly missing market expectations of -5%. We also note that year-over-year pending home sales fell sharply to -37%, the largest drop on record. November data on a monthly basis is expected to show a fresh decline of -1%.
Unemployment Claims Rates - Thursday (03:30 PM)
Data for the week ending December 17th showed that the number of US jobless claims rose by 2,000 to 216,000, less than market expectations of 220,000, which indicates a significant labor market suffocation. Forecasts indicate that applications may rise to 225,000, with an increase of 9,000 applications.
US Crude Oil Inventories - Thursday (06:00 PM)
US Oil Inventories figures indicate that they fell by 5.590M in the past week, which is much more than the market expectation of 1.650M.
GMT +2
Important: Due to New Year's holidays, there are not many market moving events this week.
