November 20, 2025 a 02:31 am
Important Key Figures of the Last Few Days
The past week has shown a mix of stability and fluctuations in key economic indicators affecting the US and European economies. While some reports indicate potential growth, others suggest a stagnation or decline. This economic landscape is crucial for predicting future movements in the USD and EUR. Below is a detailed analysis of the most significant data points.
📊 Housing and Construction Data
| Event | Previous | Estimate | Actual | Change |
|---|---|---|---|---|
| Existing Home Sales (Oct) | 4.06 M | 4.08 M | — | — |
| Existing Home Sales MoM | 1.5% | 0.9% | — | — |
| Housing Starts (Sep) | 1.307 M | 1.32 M | — | — |
- These figures suggest a stabilization in the housing market, benefiting from low interest rates, but further data is needed.
- Impact on USD: Neutral to mildly supportive, reflecting stability rather than significant growth.
🗣️ Labor Market Indicators
| Event | Previous | Estimate | Actual | Change |
|---|---|---|---|---|
| Initial Jobless Claims (Oct/18) | 219K | 223K | 232K | +13K (5.936%) |
| Continuing Jobless Claims (Oct/11) | 1916K | 1930K | 1947K | +31K (1.618%) |
| Jobless Claims 4-Week Average (Oct/18) | 237.75K | 247K | 58K | -179.75K (-75.605%) |
- The increase in jobless claims suggests weakening in labor market robustness, while the sharp drop in 4-week average indicates high volatility.
- Impact on USD: Could be negative if the trend signifies a longer-term employment issue, leading to less spending power.
📈 Economic Activity
| Event | Previous | Estimate | Actual | Change |
|---|---|---|---|---|
| NY Empire State Manufacturing Index (Nov) | 10.7 | 6 | 18.7 | +8 (74.766%) |
- An unexpected gain in the manufacturing index is a positive sign for the sector, suggesting increased production.
- Impact on USD: Strongly supportive due to signals of industrial growth.
📉 Inflation Indicators (EU)
| Event | Previous | Estimate | Actual | Change |
|---|---|---|---|---|
| CPI (Oct) | 129.43 | 129.7 | 129.7 | +0.27 (0.209%) |
- Slight increase in CPI suggests moderate inflationary pressures in the EU, which may push for a more cautious monetary policy.
- Impact on EUR vs USD: Likely neutral in short-term, pending further ECB policy decisions.
Conclusion ✅
This week's data depicts a complex image. While labor market indicators showed mixed performance, industrial activity demonstrated encouraging strength. Housing data remains steady, reflecting a possibly stable real estate environment. The overall impact on USD appears to be slightly positive given the strong manufacturing data, although labor concerns could arise. Continued monitoring is vital for further assessment.