As traders approach another pivotal day for financial markets on Tuesday, January 28, 2025, a series of crucial economic data releases that could sway market dynamics are expected. The spotlight will be on the Conference Board's Consumer Confidence Index and Durable Goods Orders, both of which are key indicators of economic health and consumer spending trends.

Major Economic Events to Watch:

• 8:30 AM ET: Durable Goods Orders (Forecast: 0.1%, Previous: -1.2%) - Measures the change in total value of new orders for long-lasting manufactured goods.

• 10:00 AM ET: CB Consumer Confidence (Forecast: 105.9, Previous: 104.7) - Gauges consumer optimism about the economy and spending intentions.

Other Important Economic Events to Watch:

• 8:30 AM ET: Core Durable Goods Orders (Forecast: 0.3%, Previous: -0.2%) - Measures new orders for manufactured goods excluding transportation items.

• 9:00 AM ET: S&P/CS HPI Composite-20 n.s.a. (Forecast: 4.2%, Previous: 4.2%) - Tracks changes in residential home prices across 20 metropolitan regions.

• 10:30 AM ET: Atlanta Fed GDPNow (Forecast: -8.0%, Previous: 3.0%) - Provides a running estimate of real GDP growth for the current quarter.

• 1:00 PM ET: 7-Year Note Auction (Previous: 4.532%) - Treasury note auction that can influence market interest rates.

• 4:30 PM ET: API Weekly Crude Stock (Previous: 1.000M) - Reports inventory levels of US crude oil , offering insights into petroleum demand.

Other Economic Events to Watch:

• 8:30 AM ET: Durables Excluding Defense (Previous: -0.4%) - Measures new orders for durable goods excluding defense-related items.

• 8:30 AM ET: Goods Orders Non Defense Ex Air (Forecast: 0.3%, Previous: 0.4%) - Tracks new orders for nondefense capital goods excluding aircraft.

• 8:55 AM ET: Redbook (Previous: 4.5%) - Measures same-store sales growth in large US general merchandise retailers.

• 9:00 AM ET: House Price Index (Forecast: 0.2%, Previous: 0.4%) - Broad measure of single-family house price movements.

• 10:00 AM ET: Richmond Manufacturing Index (Forecast: -8, Previous: -10) - Indicates business conditions in the Richmond Federal Reserve District.

• 10:30 AM ET: Texas Services Sector Outlook (Previous: 9.6) - Assesses business conditions in the Texas service sector.

• 1:00 PM ET: US M2 Money Supply (Previous: 21.45T) - Measures the total money supply including savings deposits and money market funds.

For further information and the latest updates, please refer to our Economic Calendar, here .

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