Manufacturing and services PMIs headline Monday's economic calendar

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, September 23, 2024. The spotlight will be on the Manufacturing and Services PMI reports, which are key indicators of economic health and business sentiment in the United States.

Major Economic Events to Watch

• 9:45 AM ET: Manufacturing PMI (Sep) - Forecast: 48.5, Previous: 47.9. This index measures activity levels of purchasing managers in the manufacturing sector.

• 9:45 AM ET: Services PMI (Sep) - Forecast: 55.2, Previous: 55.7. This survey covers various service sectors and is a key indicator of economic performance.

Other Important Economic Events to Watch

• 8:00 AM ET: FOMC Member Bostic Speaks. Atlanta Fed President's remarks may offer insights into future monetary policy.

• 9:45 AM ET: S&P Global Composite PMI (Sep) - Previous: 54.6. A comprehensive measure of both manufacturing and services sectors.

• 10:15 AM ET: Fed Goolsbee Speaks. Chicago Fed President's comments may influence market sentiment.

• 1:00 PM ET: FOMC Member Kashkari Speaks. Minneapolis Fed President's views on economic outlook and policy.

Other Economic Events to Watch

• 8:30 AM ET: Chicago Fed National Activity (Aug) - Previous: -0.34. This report tracks economic activity in the 7th Federal Reserve district.

• 11:30 AM ET: 3-Month Bill Auction - Previous: 4.750%. Short-term government debt issuance.

• 11:30 AM ET: 6-Month Bill Auction - Previous: 4.410%. Another key Treasury bill auction.

For further information and the latest updates, please refer to our Economic Calendar, here https://www.investing.com/economic-calendar/

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Source: Investing.com