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 Monday, January 27, 2025. The spotlight will be on the housing market, with both building permits and new home sales data set to be released, offering valuable insights into the health of the real estate sector and broader economic trends.
Major Economic Events to Watch
• 8:00 AM ET - Building Permits (Dec): Forecast 1.483M, Previous 1.493M. This key indicator of housing market demand measures the change in the number of new building permits issued.
• 10:00 AM ET - New Home Sales (Dec): Forecast 670K, Previous 664K. This report measures the annualized number of new single-family homes sold in the previous month.
Other Important Economic Events to Watch
• 8:00 AM ET - Building Permits (MoM) (Dec): Forecast -0.7%, Previous 5.2%. This percentage change in building permits provides additional context to the housing market's direction.
• 10:00 AM ET - New Home Sales (MoM) (Dec): Previous 5.9%. This measures the percentage change in new home sales, indicating housing market strength.
• 1:00 PM ET - 2-Year Note Auction: Previous 4.335%. This auction of short-term government debt provides insights into investor sentiment and future interest rate expectations.
• 1:00 PM ET - 5-Year Note Auction: Previous 4.478%. This medium-term debt auction offers further indications of market expectations for future economic conditions.
Other Economic Events to Watch
• 8:30 AM ET - Chicago Fed National Activity (Dec): Previous -0.12. This index tracks economic activity in the 7th Federal Reserve district.
• 10:30 AM ET - Dallas Fed Manufacturing Business Index (Jan): Previous 3.4. This survey assesses the state of factory activity in Texas.
• 11:30 AM ET - 3-Month Bill Auction: Previous 4.215%. This short-term debt auction provides insights into near-term market expectations.
• 11:30 AM ET - 6-Month Bill Auction: Previous 4.165%. This auction offers a slightly longer-term perspective on market sentiment.
For further information and the latest updates, please refer to our Economic Calendar, here .
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