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Join WhatsApp channel| Time(GMT+0/UTC+0) | State | Importance | Event | Forecast | Previous |
| 01:30 |  | 2 points | Home Loans (MoM) (Jun) | -1.0% | -2.0% |
| 01:30 | | 2 points | PPI (YoY) (Q2) | ——— | 4.3% |
| 01:30 | | 2 points | PPI (QoQ) (Q2) | 1.0% | 0.9% |
| 12:30 |  | 2 points | Average Hourly Earnings (YoY) (YoY) (Jul) | 3.7% | 3.9% |
| 12:30 | | 3 points | Average Hourly Earnings (MoM) (Jul) | 0.3% | 0.3% |
| 12:30 | | 3 points | Nonfarm Payrolls (Jul) | 176K | 206K |
| 12:30 | | 2 points | Participation Rate (Jul) | ——— | 62.6% |
| 12:30 | | 2 points | Private Nonfarm Payrolls (Jul) | 148K | 136K |
| 12:30 | | 2 points | U6 Unemployment Rate (Jul) | ——— | 7.4% |
| 12:30 | | 3 points | Unemployment Rate (Jul) | 4.1% | 4.1% |
| 14:00 | | 2 points | Factory Orders (MoM) (Jun) | -2.7% | -0.5% |
| 17:00 | | 2 points | U.S. Baker Hughes Oil Rig Count | ——— | 482 |
| 17:00 | | 2 points | U.S. Baker Hughes Total Rig Count | ——— | 589 |
| 19:30 | | 2 points | CFTC Crude Oil speculative net positions | ——— | 276.0K |
| 19:30 | | 2 points | CFTC Gold speculative net positions | ——— | 273.1K |
| 19:30 | | 2 points | CFTC Nasdaq 100 speculative net positions | ——— | -0.6K |
| 19:30 | | 2 points | CFTC S&P 500 speculative net positions | ——— | -13.2K |
| 19:30 | | 2 points | CFTC AUD speculative net positions | ——— | -8.8K |
| 19:30 |  | 2 points | CFTC JPY speculative net positions | ——— | -107.1K |
| 19:30 |  | 2 points | CFTC EUR speculative net positions | ——— | 35.9K |
Summary of Upcoming Economic Events on August 2, 2024
- Australia Home Loans (MoM) (Jun): Monthly change in the number of new home loans. Forecast: -1.0%, Previous: -2.0%.
- Australia PPI (YoY) (Q2): Annual change in the producer price index. Previous: +4.3%.
- Australia PPI (QoQ) (Q2): Quarterly change in the producer price index. Forecast: +1.0%, Previous: +0.9%.
- US Average Hourly Earnings (YoY) (Jul): Annual change in average hourly earnings. Forecast: +3.7%, Previous: +3.9%.
- US Average Hourly Earnings (MoM) (Jul): Monthly change in average hourly earnings. Forecast: +0.3%, Previous: +0.3%.
- US Nonfarm Payrolls (Jul): Change in the number of employed people excluding the farming industry. Forecast: +176K, Previous: +206K.
- US Participation Rate (Jul): Percentage of the working-age population that is employed or actively looking for work. Previous: 62.6%.
- US Private Nonfarm Payrolls (Jul): Change in the number of employed people in the private sector. Forecast: +148K, Previous: +136K.
- US U6 Unemployment Rate (Jul): Broad measure of unemployment including those marginally attached to the labor force. Previous: 7.4%.
- US Unemployment Rate (Jul): Percentage of the total workforce that is unemployed and actively seeking employment. Forecast: 4.1%, Previous: 4.1%.
- US Factory Orders (MoM) (Jun): Monthly change in new orders placed with manufacturers. Forecast: -2.7%, Previous: -0.5%.
- US Baker Hughes Oil Rig Count: Weekly count of active oil rigs. Previous: 482.
- US Baker Hughes Total Rig Count: Weekly count of total active rigs. Previous: 589.
- CFTC Crude Oil Speculative Net Positions: Weekly data on speculative positions in crude oil. Previous: 276.0K.
- CFTC Gold Speculative Net Positions: Weekly data on speculative positions in gold. Previous: 273.1K.
- CFTC Nasdaq 100 Speculative Net Positions: Weekly data on speculative positions in Nasdaq 100. Previous: -0.6K.
- CFTC S&P 500 Speculative Net Positions: Weekly data on speculative positions in S&P 500. Previous: -13.2K.
- CFTC AUD Speculative Net Positions: Weekly data on speculative positions in Australian dollar. Previous: -8.8K.
- CFTC JPY Speculative Net Positions: Weekly data on speculative positions in Japanese yen. Previous: -107.1K.
- CFTC EUR Speculative Net Positions: Weekly data on speculative positions in euro. Previous: 35.9K.
Market Impact Analysis
- Australia Home Loans and PPI: Decreasing home loans could signal a cooling housing market, impacting AUD. Rising PPI suggests increasing production costs, influencing inflation expectations.
- US Average Hourly Earnings and Nonfarm Payrolls: Strong earnings growth and employment data support USD and economic confidence. Any deviations could influence Fed policy expectations.
- US Unemployment Rate and Participation Rate: Stable or decreasing unemployment rate supports economic outlook; changes in participation rate reflect labor market dynamics.
- US Factory Orders: A decline indicates weakening manufacturing activity, potentially impacting USD and related equities.
- Baker Hughes Rig Counts: Changes in rig counts impact oil supply expectations, influencing oil prices.
- CFTC Speculative Net Positions: Reflects market sentiment; significant shifts could signal potential volatility in commodities and currency markets.
Overall Impact
- Volatility: High, with significant potential reactions in equity, bond, commodity, and currency markets.
- Impact Score: 8/10, indicating a high potential for market movements.
