Economic Announcements - The U.S. Jobless Claims for the week are expected to be released with a consensus of 229K for initial claims [2] - The PPI-Final Demand for September is anticipated to rise by 0.3 percent, compared to a decrease of 0.1 percent in the previous month [3] - The Commerce Department's Retail Sales for September is projected to increase by 0.4 percent, down from a 0.6 percent rise in August [3] - The Philadelphia Fed Manufacturing Index for October is expected to be 7.5, a significant drop from 23.2 in the prior month [3] - Business Inventories for August are forecasted to increase by 0.2 percent, consistent with the previous month [4] - The Housing Market Index for October is expected to be 33, slightly up from 32 [4] Federal Reserve Speeches - Fed Governor Michael Barr will discuss 'Stablecoins' at 9.00 am ET [6] - Fed Governor Christopher Waller will address the economic outlook at the Council on Foreign Relations at 9.00 am ET [6] - Fed Vice Chair Michelle Bowman will speak at the Federal Reserve Stress Testing Research Conference at 10.00 am ET [7] - Richmond Fed President Thomas Barkin will present on 'Staying Sanguine About the Horizon' at 4.30 pm ET [7][8] Market Performance - Asian shares finished mostly higher, with Japan's Nikkei average rising by 1.27 percent to 48,277.74 [9] - The Australian benchmark S&P/ASX 200 climbed 0.86 percent to a record closing high of 9,068.40 [10] - In the Asian trading session, gold prices reached above $4,230 an ounce, marking a record run [10]
Wall Street Targets To Open Positive
RTTNewsยท2025-10-16 12:42