[18px]

Fed’s Goolsbee speech, TIC data among key economic events due Monday

As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that could sway market dynamics are expected on Monday, November 18, 2024. While no three-star events are scheduled, market participants will be closely watching Federal Reserve Governor Austan Goolsbee’s speech and the release of Treasury International Capital (TIC) data for insights into monetary policy direction and foreign investment trends.

Major Economic Events to Watch

Other Important Economic Events to Watch

• 10:00 AM ET – Fed Goolsbee Speaks: Federal Reserve Governor Austan Goolsbee is set to deliver remarks, which may offer clues about the central bank’s monetary policy stance.

• 4:00 PM ET – TIC Net Long-Term Transactions (Previous: 111.4B): This data measures foreign demand for U.S. securities and provides insights into capital flows.

Other Economic Events to Watch

• 10:00 AM ET – NAHB Housing Market Index (Previous: 43): Indicates homebuilder sentiment on current and future single-family home sales.

• 11:30 AM ET – 3-Month Bill Auction (Previous: 4.420%): Treasury bill auction results reflect short-term government borrowing costs.

• 11:30 AM ET – 6-Month Bill Auction (Previous: 4.310%): Another key indicator of short-term government borrowing costs.

• 4:00 PM ET – TIC Net Long-Term Transactions including Swaps (Previous: 111.40B): Provides a broader measure of international capital flows.

• 4:00 PM ET – Foreign Buying, T-bonds (Previous: 19.20B): Shows net foreign purchases of U.S. Treasury bonds and notes.

• 4:00 PM ET – Overall Net Capital Flow (Previous: 79.20B): Offers a comprehensive view of international financial flows into and out of the U.S.

For further information and the latest updates, please refer to our Economic Calendar, here.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com
Generated by Feedzy