Key economic data, Jobless claims, existing home sales, and oil inventories due Thursday
Landon Capital News
As the political feud continues on rising inflation and affordability continues another pivotal day for financial markets will arrive tomorrow. A series of crucial economic data releases that could sway market dynamics are expected on Thursday, November 12, 2026. The day’s calendar features Initial Jobless Claims, a key barometer of labor market health, alongside Existing Home Sales data that will shed light on the strength of the housing sector. Additionally, the Energy Information Administration will release its weekly Crude Oil Inventories report, providing insights into energy demand and supply dynamics that influence both inflation expectations and commodity markets.
Major Economic Events to Watch
- 8:30 AM ET – Initial Jobless Claims: Forecast 194K, Previous 189K – Measures the number of individuals who filed for unemployment insurance for the first time during the past week, serving as an early indicator of labor market conditions.
- 10:00 AM ET – Existing Home Sales: Forecast 3.89M, Previous 3.99M – Tracks the annualized number of existing residential buildings sold during the previous month, providing insight into housing market strength and overall economic health.
- 12:00 PM ET – EIA Crude Oil Inventories: Forecast -0.600M, Previous -0.865M – Measures the weekly change in barrels of commercial crude oil held by U.S. firms, influencing petroleum prices and inflation expectations.
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