Monday , 24 February 2025
Home Forex Dallas Fed manufacturing survey highlights a light US econmic calendar
Forex

Dallas Fed manufacturing survey highlights a light US econmic calendar

It’s a rare quiet calendar in what’s been a wild February.

There are no Fed speakers scheduled today and the lone economic indicator of note is the Dallas Fed manufacturing survey at 10 am ET. It’s rarely a market mover.

S&P 500 futures are up 31 points, or 0.5%, which is a nice start after Friday’s rout. A weekend note from TD Cowen got plenty of attention as it indicated slower AI spending but the market is taking it in stride.

That sentiment will loom large this week with Nvidia reporting Wednesday and Vistra on Thursday.

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Russia’s Putin on US/Ukraine rare earth metals: It’s none of our business

Russia's Putin is on the wires saying that the US-Ukraine rare earth...

Germany is discussing EUR$200B in emegency defense spending

Germany is considering a EUR 200Billion in emergency defense spending to rebuild...

Crude oil futures settled $0.30 higher at $70.70

Crude oil futures are settling up $0.30 and $70.70. The low for...

NZDUSD buyers are leaning against progressively higher technical levels. What next?

Last week, NZDUSD found support at the rising 200-hour moving average, holding...