High points for US economic data scheduled for December 25 week

The December 25 week is essentially devoid of scheduled economic data that have market-moving potential. Most of the data will receive scan attention when released. Many businesses will be operating with minimal staffing or closed, [...]

By Theresa Sheehan|2023-12-22T09:06:29-08:00December 22, 2023|

Global data performing as expected; Eurozone lags, Japan leads

Global economic on net are exactly hitting consensus forecasts, producing a zero reading on the Relative Performance Index. But readings among individual economies show the usual variation with the Eurozone closing out a generally disappointing [...]

By Jeremy Hawkins|2023-12-22T08:59:18-08:00December 22, 2023|

Global economies performing as expected; relative performance index at plus 1

Econoday’s aggregate Relative Performance Index ended the December 15 week at plus 1, very near the zero line for a third week in a row to indicate that global economic data, on net, are hitting [...]

By Jeremy Hawkins|2023-12-15T08:02:47-08:00December 15, 2023|

December ECB meeting preview: Pushing back against early rate cut speculation

In line with the October meeting, investors are confident that this Thursday’s ECB announcement will leave key interest rates on hold. Indeed, further warning signs of an impending Eurozone recession together with a surprisingly steep [...]

By Jeremy Hawkins|2023-12-11T06:08:34-08:00December 11, 2023|

Global economies performing as expected; relative performance index at 2

Global economic data are coming in very close to the zero line, at plus 2 on the Relative Performance Index. This compares with a score of 3 in the prior week to indicate that international [...]

By Jeremy Hawkins|2023-12-10T11:10:24-08:00December 10, 2023|