This week promises to be pivotal one for the US markets and it packed with Economic Data release and important corporate Earnings that could be tone for investors sentiment heading into may
Here's important events to watch this week
1) S&P Global Services & Manufacturing PMI
Mid week kicks off with the much anticipated PMI data From S&P500 and most important thing is These figures offer real time pulse check on the health of US Services and manufacturing sectors with Recession Fear lingering in the background Already and this data will release on Wednesday
2)March New Home Sales
Alongside PMI,New Home sales data for March will also hit the wire.This number will reveal whether homebuyers are staying on sidelines or if demand is staring the thaw as spring selling season rolls in and this data will release on Wednesday
3) March Durables Goods Order
This data that is Durable Goods will give another crucial signals on Thursday .This data,points tracks big ticket items like machinary vehicles and Appliances
4) March Existing Home sales
This housing spotlight continues Thursday with the release of existing home Sales number for March Month.
5) FED Speaks Frenzy - 8 Scheduled Events
In addition Economic Data, The federal reserve will dominate headlines this week with no fever tha eight scheduled speaker events
6) Earnings Season Full Swing
As if all that wasn't enough this week will see about 20% of S&P500 Companies reports earnings
With packed Economic calender and earning flood gates wides open,This week could deliver some market moving headlines!
Most important Thing is President Trump, Investors Will closely monitor Trump's move towards tariffs and Economy,The Recent buzz between Trump and Jerome Powell created some uncertainty but over the weekend there's no news about that.Some Reports says Trump is planning to remove jerome powell as FED chair but there's no official confirmation from Trump
Disclaimer: The information provided in this article is for educational and informational purposes only and should not be construed as financial or investment advice.
