High points for economic data scheduled for November 6 week
Fed Chair Jerome Powell spent much of his November 1 press briefing hammering on the point that a pause in hiking rates for a second FOMC meeting in a row does not mean that the [...]
November 2023
October 2023
November BoE MPC Preview: Another close vote for no change
Despite there being a clear MPC split on interest rates in September, further signs that inflation has probably peaked and, more generally, dismal real economy news have left forecasters seemingly fairly confident that the BoE [...]
Global data exceeding forecasts; US and Japan lead but others lag
The global relative performance index is firm at 15 in no small way due to further upside surprises in both the US and Japan. Both mask, however, sub-par developments in the Eurozone and the UK.The [...]
High points for economic data scheduled for October 30 week
The big question in the October 30 week is whether the FOMC will hold the fed funds target rate range at 5.25-5.50 percent for the second meeting in a row. The present crop of economic [...]
October ECB meeting preview: The long-awaited pause
Investors were split over the likelihood of further tightening ahead of the ECB’s September meeting but there is a much broader consensus in favour of no change going into this Thursday’s announcement. Last month’s decision [...]
High points for economic data scheduled for October 23 week
By Theresa Sheehan, Econoday EconomistChair Jerome Powell’s speech before the Economic Club of New York on October 19 was essentially the last word from Fed policymakers on the outlook for the October 31-November 1 FOMC [...]
Eurozone data meeting expectations, US and Canada exceeding
By Jeremy Hawkins, Econoday EconomistAny lingering hopes for early interest rate cuts took a knock last week as the global Relative Performance Index (RPI) rose to 16, indicating a clear, albeit still limited, upside bias [...]
High points for economic data scheduled for October 16 week
The time is coming close for the communications blackout period around the October 31-November 1 FOMC meeting. It will start at midnight on Saturday, October 21 and run through midnight on Thursday, November 2. Thus, [...]
High points for economic data scheduled for October 9 week
Monday, October 9 is a federal holiday to observe Indigenous People’s Day/Columbus Day in the US. However, this holiday is not universally observed. Bond markets are closed in the US, but stock markets are open. [...]
High points for economic data scheduled for October 2 week
With the prospect of a government shutdown resolved – for now – the economic data calendar does not face any disruptions in the October 2 week. It is a week with plentiful data about the [...]