As traders approach another key day for the financial markets, Friday, January 17, 2025 is expected to see a series of key economic data releases that could influence market dynamics. Building permits will be in the spotlight, offering insight into the state of the housing sector and broader economic trends.
Major economic events to watch
• 8:30 a.m. ET – Building Permits (December): Forecast 1.460 million, previous 1.493 million. A key indicator of demand in the real estate market.
Other important economic events to watch
• 8:30 AM ET – Building Permits (M) (asking): Previously 5.2%. Measures of monthly changes in issued new building permits.
• 8:30 a.m. ET – Housing starts (December): Forecast 1.330 million, previous 1.289 million. It marks the new activity of residential construction.
• 8:30 AM ET – Housing Starts (MoM) (December): Previous -1.8%. It shows the monthly change in new construction started.
• 9:15 a.m. ET – Industrial production (mom) (December): forecast 0.3%, previous -0.1%. It measures the change in production of the industrial sector.
• 9:15 AM ET – Industrial Production (YoY) (December): Previous -0.90%. It indicates the annual change in industrial production.
• 12:15 PM ET – Atlanta Fed GDPNow (Q4): Forecast 3.0%, Previous 3.0%. It provides a real-time estimate of GDP growth.
• 1:00 PM ET – Baker Hughes (NASDAQ: ) US Well Count: Previous 480. Indicates activity in the oil drilling industry.
• 1:00 PM ET – US Baker Hughes In total (EPA:) Number of wells: Previous 584. Shows the total number of active wells.
• 3:30 PM ET – CFTC S&P 500 Speculative Positions: Previous -62.2K. It reveals speculative trading sentiment.
• 3:30 PM ET – CFTC Speculative Positions: Previous 18.8K. It indicates speculative positions in the technological wealth index.
• 3:30 PM ET – CFTC Speculative Gold Positions: Previous 254.9K. Shows speculative interest in .
• 3:30 PM ET – CFTC Speculative Positions: Previous 279.6K. It reflects the speculative mood in the oil markets.
• 4:00 PM ET – TIC Net Long-Term Transactions (November): forecast $159.9 billion, previous $152.3 billion. Measures foreign investment in US securities.
Other economic events to watch
• 9:15 a.m. ET – Manufacturing output (mom) (December): Forecast 0.2%, Previous 0.2%. It indicates a change in production output.
• 9:15 AM ET – Capacity utilization rate (asks): Forecast 77.0%, previous 76.8%. It shows the utilization of industrial capacities.
• 3:30 PM ET – CFTC Aluminum Speculative Net Positions: Previous 2.9K. Reflects speculative interest in aluminum futures.
• 3:30 PM ET – CFTC Copper Speculative Positions: Previous 4.3K. It shows the speculative mood in the markets.
• 3:30 PM ET – CFTC Silver Speculative Positions: Previous 40.9K. Indicates speculative interest in .
• 3:30 PM ET – CFTC Natural Gas Speculative Positions: Previously -104.8K. Reflects speculative positions in .
• 3:30 PM ET – CFTC Speculative Wheat Positions: Previously -79.5K. It shows speculative interest in wheat futures contracts.
• 3:30 PM ET – CFTC Speculative Positions: Previous 319.8K. It indicates speculative positions in corn markets.
• 3:30 PM ET – CFTC Soybean Speculative Positions: Previously -50.0K. It reflects speculative interest in soybean futures contracts.
• 4:00 PM ET – TIC Net Long Transactions Including Swaps (Nov): Previous $152.30B. Measures foreign investment including swaps.
• 4:00 PM ET – Total Net Capital Flow (November): Previous $203.60 billion. It shows net international capital flows.
• 4:00 PM ET – Foreign Purchases, T-Bonds (November): Previous $92.10 billion. Indicates foreign purchases of US government bonds.
For additional information and the latest updates, see our economic calendar, here.
This article was generated with the help of AI and reviewed by an editor. See our T&C for more information.
