Introduction#

As the trading week wraps up, several important economic reports are set to be released on Friday, April 24, 2026. These reports could provide valuable insights into consumer confidence and energy sector activity, influencing market dynamics.

Consumer Sentiment Reports#

At 9:00 AM ET, the University of Michigan will publish its final consumer sentiment and expectations data. The consumer expectations index is anticipated to drop to 46.1 from the previous 51.7, indicating a less optimistic outlook among consumers regarding future economic conditions. Similarly, the overall consumer sentiment index is expected to decrease to 47.6 from 53.3, reflecting current and future economic perceptions based on surveys from around 500 consumers.

Energy Sector Activity#

Also at 12:00 PM ET, Baker Hughes will release its weekly rig count figures. The U.S. rig count is a crucial indicator of drilling activity in the oil industry, with the previous count standing at 410. This data helps gauge demand for oil products and services, as it reflects the number of active drilling rigs across various categories in the United States.

Commitments of Traders Reports#

Later in the day, at 2:30 PM ET, the Commodity Futures Trading Commission (CFTC) will issue its weekly Commitments of Traders reports. These reports provide insights into the positions of speculative traders in various markets, including the S&P 500, Nasdaq 100, gold, and crude oil. For instance, the previous speculative position for S&P 500 futures was -115.8K, while the Nasdaq 100 showed 10.8K. These figures can help traders understand market sentiment and potential future movements.

Inflation Expectations#

Additionally, at 9:00 AM ET, the Michigan 5-Year and 1-Year Inflation Expectations will be released. The 5-Year expectation is projected to rise to 3.4% from 3.2%, while the 1-Year expectation is expected to increase to 4.8% from 3.8%. These metrics reflect consumers' expectations for price changes over the next five years and one year, respectively, and can influence economic policy and market behavior.