As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that could sway market dynamics are expected on Thursday, May 22, 2025. The day’s lineup includes key reports on initial jobless claims, manufacturing and services PMI, and existing home sales, all of which have the potential to influence market sentiment and trading decisions.
Major Economic Events to Watch
• 8:30 AM ET: Initial Jobless Claims (Forecast:230K, Previous: 229K) - A weekly measure of first-time unemployment insurance claims.
• 9:45 AM ET: Manufacturing PMI (Forecast:49.9, Previous: 50.2) - An indicator of manufacturing sector activity and economic health.
• 9:45 AM ET: Services PMI (Forecast:51.0, Previous: 50.8) - A gauge of activity in the services sector, which dominates the U.S. economy.
• 10:00 AM ET: Existing Home Sales (Forecast:4.15M, Previous: 4.02M) - A key indicator of housing market strength and overall economic activity.
Other Important Economic Events to Watch
• 8:30 AM ET: Continuing Jobless Claims (Forecast:1,890K, Previous: 1,881K) - Measures ongoing unemployment benefit claims.
• 9:45 AM ET: S&P Global Composite PMI (Previous:50.6) - A comprehensive measure of overall economic activity.
• 10:00 AM ET: Existing Home Sales (Previous:-5.9%) - Month-over-month percentage change in existing home sales.
• 12:00 PM ET: 10-Year TIPS Auction (Previous:1.935%) - Treasury Inflation-Protected Securities auction results.
• 2:00 PM ET: FOMC Member Williams Speaks - Potential insights into Federal Reserve policy.
• 4:30 PM ET: Fed’s Balance Sheet (Previous:6,713B) - Weekly disclosure of Federal Reserve assets and liabilities.
• 4:30 PM ET: Reserve balances with Federal Reserve Banks (Previous:3.236T) - Indicates money held by depository institutions at the Fed.
Other Economic Events to Watch
• 8:30 AM ET: Chicago Fed National Activity (Previous:-0.03) - Tracks economic activity in the 7th Federal Reserve district.
• 8:30 AM ET: Jobless Claims 4-Week Avg. (Previous:230.50K) - Smoothed measure of weekly jobless claims.
• 10:30 AM ET: Natural Gas Storage (Previous:110B) - Weekly change in natural gas inventories.
• 11:00 AM ET: KC Fed Composite Index (Previous:-4) - Measures manufacturing activity in the Kansas City Fed district.
• 11:00 AM ET: KC Fed Manufacturing Index (Previous:-5) - Focused indicator of manufacturing in the Kansas City Fed region.
• 11:30 AM ET: 4-Week Bill Auction (Previous:4.220%) - Short-term Treasury bill auction results.
• 11:30 AM ET: 8-Week Bill Auction (Previous:4.235%) - Another short-term Treasury bill auction outcome.
For further information and the latest updates, please refer to our Economic Calendar, here .
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