Market Opening Hours this week:
Monday, December 23rd: Normal trading hours.
Tuesday, December 24 (Christmas Eve): Markets will close early at 1:00 p.m. Eastern Time (ET).
Wednesday, December 25 (Christmas Day): Markets will be closed for the entire day.
Thursday, December 26: Normal trading hours will resume.
Economic Data for the week ahead:
Monday, December 23:
Consumer Confidence Index for December: This index, released by the Conference Board, measures consumer sentiment regarding economic conditions.
UK GDP figures for Q3
Tuesday, December 24 (Christmas Eve):
Durable Goods Orders for November: This report provides insight into new orders placed with domestic manufacturers for long-lasting goods, reflecting business investment trends. A rise in durable goods orders suggests increased manufacturing activity.
Wednesday, December 25 (Christmas Day):
All U.S. markets will be closed in observance of the Christmas holiday.
Thursday, December 26:
Initial Jobless Claims: This weekly report from the Department of Labor provides data on the number of individuals filing for unemployment benefits for the first time. It's a timely indicator of labor market health, with higher claims suggesting potential employment challenges.
Japan reveals its CPI figures.
We would normally expect trading volume to be lower than normal this week but a 'Santa Rally' is very much still on the cards....in spite of this, Crypto will continue to stay open throughout the holidays.
Barney
2024-12-22 22:46:39 +0000 UTC