US Jobless Claims And Fed Speakers Among Biggest Macro Catalysts Today

US Jobless Claims And Fed Speakers Among Biggest Macro Catalysts Today

U.S. stocks edged lower on Wednesday despite a slight rise in Microsoft Corporation MSFT and Apple Inc. AAPL shares.

Let’s have a look at the major economic events scheduled for today.

  • The Challenger job-cut report for September is scheduled for release at 7:30 a.m. ET.
  • Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Jobless claims are projected to come in at 203,000 for the October 1 week compared to 193,000 in the previous week.
  • Federal Reserve Bank of Cleveland President Loretta Mester is set to speak at 8:50 a.m. ET.
  • The Energy Information Administration’s weekly report on natural gas stocks in underground storage is scheduled for release at 10:30 a.m. ET.
  • The Treasury is set to auction 4-and 8-week bills at 11:30 a.m. ET.
  • Federal Reserve board governor Lisa Cook is set to speak at 1:00 p.m. ET.
  • Federal Reserve Bank of Chicago President Charles Evans will speak at 1:00 p.m. ET.
  • Federal Reserve Governor Christopher Waller is set to speak at 5:00 p.m. ET.
  • Federal Reserve Bank of Cleveland President Loretta Mester will speak at 6:30 p.m. ET.

Volatility In Markets Decreases Further, Here's Why

Check out our premarket coverage here

Posted In: Economic DataNewsEconomicsPre-Market OutlookMarkets