Hobbs Catalyst Watch - Week of August 24th

Here’s a look at key scheduled events for the week of August 24, 2025 that could significantly affect financial markets, with dates and times in Eastern Time (EST):

U.S. Economic Calendar — Week of August 25–29, 2025

Based on Kiplinger’s economic calendar:

• Monday, August 25

  • 10:00 AM ET – July New Home Sales (forecast ~ 635,000)(TradingCharts, Kiplinger)

• Tuesday, August 26

  • 8:30 AM ET – July Durable Goods Orders (forecast ~ –3.8%)(Kiplinger)

  • 8:30 AM ET – S&P/Case‑Shiller Home Price Index(Kiplinger)

  • 10:00 AM ET – Consumer Confidence (Conference Board)(Barron's)

• Thursday, August 28

  • 8:30 AM ET – Second‑Quarter GDP (Second Estimate) (forecast ~ 3.1%)(Kiplinger)

  • 8:30 AM ET – Weekly Initial Jobless Claims (forecast ~ 231,000)(Kiplinger)

  • 10:00 AM ET – Pending Home Sales Index(Kiplinger)

  • Time TBD – Speech by Fed Governor Christopher Waller(Kiplinger)

• Friday, August 29

  • 8:30 AM ET – July Personal Consumption Expenditures (PCE) Index, including Core PCE (forecast ~ 0.2%)(Barron's)

  • 8:30 AM ET – Trade Balance (forecast ~ –$90.7 billion)(Kiplinger)

  • 8:30 AM ET – Wholesale Inventories(Kiplinger)

  • 10:00 AM ET – University of Michigan Final Consumer Sentiment(Barron's)

Major Corporate and Global Events

• Wednesday, August 27

  • Nvidia Q2 Earnings Release — A highly anticipated event given its influence on tech and AI sectors; markets are watching for commentary on AI trends and China exposure(Barron's).

• Throughout the Week

  • Additional notable earnings: CrowdStrike, Snowflake, HP Inc., Five Below, Kohl’s on Wednesday/Thursday; Alibaba on Friday; Best Buy, Dollar General, Gap expected Thursday(Federal Reserve Bank of New York, Barron's).

• Jackson Hole Economic Symposium concluded August 21–23 and Powell’s remarks there are likely to still influence market sentiment this week(Wikipedia).

• Global macroeconomic events:

  • Germany: Ifo Business Climate Index likely early in the week(Christophe Barraud).

  • Other central bank minutes: ECB, RBA, and Riksbank are releasing minutes this week(Christophe Barraud).

Weekly Overview Table (EST)

Date	Time (ET)	Event
Mon, Aug 25	10:00 AM	U.S. New Home Sales (July)
Tue, Aug 26	8:30 AM	Durable Goods Orders; Case-Shiller Index
	10:00 AM	Consumer Confidence (Conference Board)
Wed, Aug 27	All day	Nvidia Q2 Earnings; other tech & retail earnings
Thu, Aug 28	8:30 AM	GDP (2nd estimate); Jobless Claims
	10:00 AM	Pending Home Sales; Fed’s Waller speaks
Fri, Aug 29	8:30 AM	PCE & Core PCE; Trade Balance; Wholesale Inventories
	10:00 AM	U. Michigan Consumer Sentiment Final

Market Implications & What to Watch

• Inflation & Fed Policy: Friday’s PCE release is pivotal for Fed rate cut expectations. Fed speeches also matter.

• Growth Indicators: GDP, durable goods, and home-sales data provide key signals on economic momentum.

• Housing Market: New and pending home sales combined with Case-Shiller home prices will give a fresh perspective.

• Tech & Retail Earnings: Nvidia and other reports can drive broader equity market sentiment, especially within AI and consumer segments.

• Global Sentiment: Germany’s Ifo, ECB/RBA minutes, and fallout from Jackson Hole all shape broader central bank outlooks.