Jerome Powell studying by the hearth (AI picture)
Completely satisfied Friday.
The market is in a little bit of a lull at this time and that is comprehensible given all of the drama of November and that it is the first buying and selling day of the month. The occasion everyone seems to be ready for is coming at 11 am ET with Powell talking in a hearth chat a Spelman Faculty.
I might anticipate his feedback to be similar to Daly and Williams yesterday.
Earlier than that, we get the ultimate S&P International US manufacturing PMI at 9:45 am ET. Then at 10 am ET, it is October building spending and November ISM manufacturing. The consensus within the later is 47.6 however I might anticipate an upside shock after the most recent regional knowledge.
For extra, see the economic calendar.
