The FOMC meets on Tuesday and Wednesday in the December 16 week with the FOMC statement and update to the quarterly summary of economic projections (SEP) expected at 14:00 ET on Wednesday. Chair Jerome Powell [...]
The European Central Bank (ECB) is anticipated to cut its key deposit rate by 0.25 percentage points at Thursday’s announcement, bringing the rate to 3.00 percent. This aligns with the ECB's broader strategy to achieve [...]
The economic picture facing the SNB as it prepares for December’s Monetary Policy Assessment (MPA) is little changed from that at the time of the September report. Indeed, inflation has fallen even further and is [...]
Econoday’s Relative Economic Performance Index (RPI) slipped further below zero last week. At minus 16, the latest reading shows recent global activity struggling to keep up with market forecasts. The U.S. and Canada are essentially [...]
The December 9 week does not have a busy data schedule, but it does include the November CPI report at 8:30 ET on Wednesday. This is one of the last reports that could mean an [...]
Econoday’s Relative Economic Performance Index (RPI) lost some ground last week and, at minus 10, shows recent global activity running a little cooler than expected. The dip mainly reflects a switch to modest downside surprises [...]
The December 2 week will start off with a lot of recaps of conditions for retailers over the Thanksgiving weekend and running interest in how Cyber Monday looks for the winter holiday sales period. Retailers [...]
The November 25 week includes the official US Thanksgiving observance on Thursday and the unofficial holiday of Black Friday the day after. Many businesses give their workers a four-day weekend by shifting time off from [...]
Econoday’s Relative Economic Performance Index (RPI) ended the week at minus 3, indicating that recent global activity has behaved much as forecast. The U.S. continues to lead the pack ahead of Canada, but while China [...]
The economic data calendar in the November 18 week is a light one. The focus of the week will probably be on the housing numbers which include the NAHB/Wells Fargo housing market index at 10:00 [...]
