As traders approach another pivotal day for financial markets on Friday, February 21, 2025, a series of crucial economic data releases that could sway market dynamics are expected. The day's lineup includes key reports on manufacturing and services sectors, existing home sales, and consumer sentiment, all of which have the potential to influence investor decisions and market trends.
Major Economic Events to Watch
• 9:45 AM ET - Services PMI (Feb): Forecast 53.0, Previous 52.9. This index measures activity in the services sector, with readings above 50 indicating expansion.
• 9:45 AM ET - Manufacturing PMI (Feb): Forecast 51.3, Previous 51.2. This index gauges activity in the manufacturing sector, with readings above 50 signaling growth.
• 10:00 AM ET - Existing Home Sales (Jan): Forecast 4.13M, Previous 4.24M. This report provides insight into the strength of the U.S. housing market.
Other Important Economic Events to Watch
• 9:45 AM ET - S&P Global Composite PMI (Feb): Previous 52.7. This composite index combines both manufacturing and services sector data.
• 10:00 AM ET - Existing Home Sales (MoM) (Jan): Previous 2.2%. This measures the monthly change in existing home sales.
• 10:00 AM ET - Michigan Consumer Sentiment (Feb): Forecast 67.8, Previous 71.1. This survey gauges consumer confidence in economic conditions.
• 10:00 AM ET - Michigan Consumer Expectations (Feb): Forecast 67.3, Previous 67.3. This component focuses on consumers' outlook for future economic conditions.
• 1:00 PM ET - Baker Hughes (NASDAQ: BKR ) U.S. Rig Count: Previous 481. This data serves as an indicator of future oil production.
• 1:00 PM ET - U.S. Baker Hughes Total Rig Count: Previous 588. This provides a broader view of drilling activity across all types of wells.
• 3:30 PM ET - CFTC S&P 500 speculative positions: Previous -17.1K. This report shows speculative positioning in S&P 500 futures.
• 3:30 PM ET - CFTC Nasdaq 100 speculative positions: Previous 13.4K. This data reveals speculative positioning in Nasdaq 100 futures .
• 3:30 PM ET - CFTC Gold speculative positions: Previous 284.5K. This report indicates speculative positioning in gold futures .
• 3:30 PM ET - CFTC Crude Oil speculative positions: Previous 220.0K. This data shows speculative positioning in crude oil futures.
Other Economic Events to Watch
• 10:00 AM ET - Michigan Current Conditions (Feb): Forecast 68.7, Previous 74.0. This component assesses consumers' views on current economic conditions.
• 10:00 AM ET - Michigan 1-Year Inflation Expectations (Feb): Forecast 4.3%, Previous 3.3%. This survey measures expected inflation over the next year.
• 10:00 AM ET - Michigan 5-Year Inflation Expectations (Feb): Forecast 3.3%, Previous 3.2%. This survey gauges long-term inflation expectations.
• 11:30 AM ET - Fed Governor Jefferson Speaks. Market participants will closely monitor for insights into monetary policy.
• 3:30 PM ET - CFTC Aluminium speculative net positions: Previous 3.2K. This report shows speculative positioning in aluminum futures.
• 3:30 PM ET - CFTC Copper speculative positions: Previous 20.9K. This data reveals speculative positioning in copper futures .
• 3:30 PM ET - CFTC Silver speculative positions: Previous 49.7K. This report indicates speculative positioning in silver futures .
• 3:30 PM ET - CFTC Natural Gas speculative positions: Previous -80.5K. This data shows speculative positioning in natural gas futures .
• 3:30 PM ET - CFTC Wheat speculative positions: Previous -55.9K. This report reveals speculative positioning in wheat futures.
• 3:30 PM ET - CFTC Corn speculative positions: Previous 424.8K. This data indicates speculative positioning in corn futures.
• 3:30 PM ET - CFTC Soybeans speculative positions: Previous 6.8K. This report shows speculative positioning in soybean futures.
For further information and the latest updates, please refer to our Economic Calendar, here .
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.