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Date 7 Oct 24 (Mon) : Recap on Economic data... US Job Data remain strong, and USD gain strength while China continue to rally today

Writer: Ada Tam Ying YingAda Tam Ying Ying

Singapore


Bank Lending, Aug : 801.2B to 800.0B

URA Property Index, qoq, q3 : 0.90% to -1.10%

Manufacturing PMI, Sep : 50.9 to 51.0

Retail Sales, mom, Aug : 3.1% to 0.7%

Retail Sales, yoy, Aug : 1.0% to 0.6%




United States


Fed Chair Powell Speech: Powell indicates further, smaller rate cuts, insists the Fed is 'not on any preset course'


OPEC Meeting: Saudi Arabia is preparing to abandon its unofficial price target of $100 a barrel for crude as it gets ready to increase output


Chicago PMI, Sep : 46.1 to 46.6

Manufacturing PMI, Sep : 47.9 to 47.3

Construction Spending : -0.5% to -0.1%

ISM Manufacturing Employment, Sep : 46.0 to 43.9

ISM Manufacturing PMI, Sep : 47.2 to 47.2

ISM Manufacturing Prices, Sep : 54.0 to 48.3

JOLTS Job Openings : 7.711M to 8.040M

ADP Nonfarm Employment Change, Sep : 103K to 143K

Crude Oil Inventories : -4.471M to 3.889M

Continuing Jobless Claims : 1,827K to 1,826K

Initial Jobless Claims : 219K to 225K

S&P Global Composite PMI, Sep : 54.6 to 54.0

Services PMI, Sep : 55.7 to 55.2

Factory Orders, mom, Aug : 4.9% to -0.2%

ISM Non-Manufacturing PMI, Sep : 51.5 to 54.9

ISM Non-Manufacturing Prices, Sep : 57.3 to 59.4

Nonfarm Payrolls, Sep : 159K to 254K

Average Hourly Earnings, mom, Sep : 0.5% to 0.4%

Private Nonfarm Payrolls, Sep : 114K to 223K

Unemployment Rate, Sep : 4.2% to 4.1%




China


Chinese Composite PMI, Sep : 50.1 to 50.4

Manufacturing PMI, Sep : 49.1 to 49.8

Non- Manufacturing PMI, Sep : 50.3 to 50.0 Caixin Manufacturing PMI, Sep : 50.4 to 49.3

Caixin Services PMI, Sep : 51.6 to 50.3


Comentários


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Ada Tam

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