High points for economic data scheduled for May 1 week
While the May 1 week starts off the month with plenty of data on the calendar, there are only two things likely to keep market attention.First, the FOMC meeting on May 2-3 is expected to [...]
April 2023
High points for economic data scheduled for April 24 week
The April 24 week will see an absence of Fed speakers during the communications blackout period around the May 2-3 FOMC meeting. The period begins at midnight on Saturday, April 23 and runs through midnight on Thursday, May 4.
Retail sales see downward revisions in recent months
On Monday, April 24, the Census Bureau issued annual revisions to the retail sales data. The revisions stretch back through 2010 but with negligible differences over most of that time. They are, however, more noticeable starting in 2021.
Conditions in New York and Philadelphia factory sectors at odds in April
If the 35.4 point rise in the New York Fed’s manufacturing general business conditions index to 10.8 in April raised hopes of a rebound for the factory sector, the index’s counterpart in the Philadelphia Fed manufacturing business outlook survey dashed them.
High points for economic data scheduled for April 17 week
There are few economic data reports with market-moving potential in the April 17 week. Strength in the housing market should not be a surprise.
High points for economic data scheduled for April 10 week
The April 10 week is a fairly busy one for economic data. The standouts will be the March CPI data on Wednesday at 8:30 ET and retail and food services sales at 8:30 ET on [...]
High points for economic data scheduled for April 3 week
The focus in the April 3 week will be on labor market data, just how tight employment remained at the end of the first quarter 2023 and what that means for the economic outlook and monetary policy
March 2023
High points for economic data scheduled for March 27 week
There are few reports with market-moving potential in the March 27 week. Most of the data will add a nuance to what is already known regarding conditions in the housing market in February, the state [...]
SNB preview March 2023: A question of confidence
In line with most other major central banks, the SNB had been expected to extend its tightening cycle this week. Having last raised its policy rate by 50 basis points to 1.0 percent in December, [...]
March BoE MPC Preview: Banking worries complicate an already difficult decision
The March BoE MPC meeting had been widely expected to deliver an eleventh successive increase in Bank Rate with the majority of forecasters looking for a 25 basis point hike in the benchmark rate to [...]