top of page

Date 01 Nov 24 (Fri) : U.S. Nonfarm Payroll tonight; U.S. Election impact the Stock Market; Don't rule out the possibility of no rate cut in Nov FOMC

Writer's picture: Ada Tam Ying YingAda Tam Ying Ying

US data released last night: Continuing Jobless Claims : from 1,888k to 1,862k

Core PCE Price Index, yoy, Sep : from 2.7% to 2.7%

Core PCE Price Index, mom, Sep : from 0.2% to 0.3% Initial Jobless Claims : from 228k to 216k

PCE Price Index , yoy, Sep : from 2.3% to 2.1%

PCE Price Index , mom, Sep : from 0.1% to 0.2%

Personal Spending, mom, Sep : from 0.3% to 0.5%

Chicago PMI, Oct : from 46.6 to 41.6


Remark:

More Job data tonight and U.S Treasury yields are still rebounding, may affect the FOMC interest rate decision next week. And investors continue to sell the shares of big technology companies after earning reports.








 

China data released last night:

Caixin Manufacturing PMI, Oct : 49.3 to 50.3

China and HK : Collaboration with Saudi


Saudi Arabia’s first ETF tracking Hong Kong stocks opens flat on Tadawul debut

Albilad ETF, which tracks 30 Hong Kong-listed sharia-compliant stocks, opened flat at the opening bell: https://www.scmp.com/business/markets/article/3284447/saudi-arabias-first-etf-tracking-hong-kong-stocks-opens-flat-tadawul-debut







2 views0 comments

Comments


bottom of page