New home sales. USA, 16:00 (GMT+2) 23 May

23May.202415:00

New home sales. USA, 16:00 (GMT+2)

At 16:00 (GMT+2), the US will publish April data on home sales on the primary market. The indicator records the number of new residential buildings that were sold during the past month and is one of the most important indicators of the American construction market. The value may decrease from 693.0K to 674.0K.

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23 May. 2024 13:30

Initial jobless claims. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), the US will present data on the number of initial unemployment claims. The indicator measures the number of people who applied for the first time during the past week. Statistics are collected by the National Ministry of Labor and published in a weekly report. The number of benefit claims is used to measure the health of the employment sector, as an increase in the number means that fewer people are being hired. A correction is expected from 222.0K to 221.0K.

23 May. 2024 15:00

Consumer confidence index. EU, 16:00 (GMT+2)

At 16:00 (GMT+2), May data on the consumer confidence index in the EU countries is due, calculated based on a survey of 2.3K households assessing economic prospects. It is a leading indicator for consumer spending, with high readings indicating consumer optimism and vice versa. In May, the indicator is likely to continue its negative trend from the current −14.7 points to −14.0 points, putting pressure on the euro.

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