As traders approach another pivotal day for financial markets, a series of crucial economic data releases that could sway market dynamics are expected on Friday, December 13, 2024. The day’s agenda includes key reports on import and export prices, as well as the closely watched Baker Hughes (NASDAQ:) rig count, which serves as a barometer for the oil drilling industry.
Major Economic Events to Watch
There are no 3-star importance events scheduled for this day.
Other Important Economic Events to Watch
• 8:30 AM ET – Export Price Index (Forecast: -0.2%, Previous: 0.8%): Tracks price changes of U.S. export goods, indicating export value trends.
• 8:30 AM ET – Import Price Index (Forecast: -0.2%, Previous: 0.3%): Measures changes in prices of imported goods and services.
• 1:00 PM ET – Baker Hughes U.S. Rig Count (Previous: 482): Key indicator of demand for oil products and services.
• 1:00 PM ET – U.S. Baker Hughes Total (EPA:) Rig Count (Previous: 589): Comprehensive count of active drilling rigs in the United States.
• 3:30 PM ET – CFTC S&P 500 speculative positions (Previous: -108.6K): Provides insight into market sentiment for S&P 500 futures.
• 3:30 PM ET – CFTC speculative positions (Previous: 29.7K): Indicates speculative positioning in .
• 3:30 PM ET – CFTC Gold speculative positions (Previous: 259.7K): Reflects speculative interest in markets.
• 3:30 PM ET – CFTC Crude Oil speculative positions (Previous: 201.5K): Shows speculative positioning in futures.
Other Economic Events to Watch
• 8:30 AM ET – Export Price Index (Previous: -0.1%): Year-over-year change in export prices.
• 8:30 AM ET – Import Price Index (Previous: 0.8%): Year-over-year change in import prices.
• 3:30 PM ET – CFTC Aluminium speculative net positions (Previous: 2.9K): Speculative positioning in aluminum futures.
• 3:30 PM ET – CFTC Copper speculative positions (Previous: 10.5K): Speculative interest in markets.
• 3:30 PM ET – CFTC Silver speculative positions (Previous: 43.3K): Reflects speculative positioning in .
• 3:30 PM ET – CFTC Natural Gas speculative positions (Previous: -151.6K): Shows speculative interest in .
• 3:30 PM ET – CFTC Wheat speculative positions (Previous: -61.5K): Indicates speculative positioning in wheat futures.
• 3:30 PM ET – CFTC speculative positions (Previous: 137.2K): Reflects speculative interest in corn futures markets.
• 3:30 PM ET – CFTC Soybeans speculative positions (Previous: -98.5K): Shows speculative positioning in soybean futures.
For further information and the latest updates, please refer to our Economic Calendar, here.
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