U.S. Economic Data Highlights — May 29

🕔 5:30 PM (GMT +5:30)

🔻 Prelim GDP q/q:

📉 Forecast: -0.3% | Previous: -0.3%

➡ No change expected. Market already priced in.

📍 Unemployment Claims:

📈 Forecast: 229K | Previous: 227K

👀 Slight uptick — showing minor weakness in the labor market.

📊 Prelim GDP Price Index q/q:

📌 Forecast: 3.7% | Previous: 3.7%

⚠ Stable inflation pressure remains — no surprises here.

🕖 7:00 PM (GMT +5:30)

🏠 Pending Home Sales m/m:

📉 Forecast: -0.9% | Previous: 6.1%

🔻 Big drop expected — housing sector may be cooling down fast.

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📌 Traders’ Note:

Market volatility could spike post 5:30 PM.

Stay alert for DXY, Gold, BTC & NASDAQ reactions.

📣 Trade smart. React, don’t predict.