đ” Financial markets are about to open.. We have a huge week of economic data ahead of us. Here are the most important things to come:
âą Today, Monday, the US Purchasing Managers Index data for the manufacturing and services sectors will be released in the afternoon
âą On Tuesday, no important economic data
âą On Wednesday, the US New Home Sales statement will be released in the afternoon
âą On Thursday, it will be very important as the markets await the US GDP statement, followed by a speech by Jerome Powell, Chairman of the US Federal Reserve
âą On Friday, it will be very important as the US Personal Consumption Expenditures Price Index statement will be released in the afternoon, which is one of the US Federal Reserve's favorite inflation indicators.