{"id":659377,"date":"2025-05-19T11:11:07","date_gmt":"2025-05-19T09:11:07","guid":{"rendered":"https:\/\/ftmo.com\/?p=659377"},"modified":"2025-05-17T20:36:34","modified_gmt":"2025-05-17T18:36:34","slug":"trading-week-ahead-21","status":"publish","type":"post","link":"https:\/\/ftmo.com\/en\/trading-week-ahead-21\/","title":{"rendered":"Trading Week Ahead: US Jobless Claims, PMIs & Home Sales Ahead"},"content":{"rendered":"
This week\u2019s economic calendar features high-impact US data that could shape market sentiment across major assets, from fresh labour market signals via unemployment claims<\/strong> to early snapshots of economic activity through Flash PMIs<\/strong>.<\/p>\n \u2022 Unemployment Claims<\/strong> \u2022 Flash PMI (Manufacturing & Services)<\/strong> \u2022 Existing Home Sales<\/strong>
\nThursday\u2019s weekly jobless claims remain a key barometer of labour market conditions in the US. The previous figure stood at 229K, and even though no specific forecast is available, any significant surprise could trigger volatility across USD pairs and equity markets. Traders will monitor the data closely as it feeds into broader expectations around Fed policy and economic momentum.<\/p>\n
\nPreliminary S&P global flash PMI data for May (due Thursday) will provide early insight into the state of the US economy. Last month\u2019s readings stood at 50.2 for manufacturing and 50.8 for services, barely above the expansion threshold. A drop below 50 could raise concerns about slowing growth, while any upside surprise could support USD strength and risk appetite.<\/p>\n
\nAlso set for release on Thursday, existing home sales offer a key look into the health of the US housing market amid persistently high interest rates. A continued decline in sales would indicate consumer strain and tightening financial conditions and potentially weigh on housing-related equities and dampen overall market sentiment.<\/p>\n