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 [...]
Econoday’s Relative Economic Performance Index (RPI) lost some ground last week but, at 8, still shows global economic activity running a little ahead of market forecasts. The U.S., Eurozone and Japan are all modestly outperforming [...]
Every October, the BLS releases information about the dollar value of quality changes for the upcoming model year for domestic passenger cars and light trucks – which includes SUVs, crossovers, and minivans. For 2025, the [...]
The outcome of last week’s U.S. presidential election was nowhere near as close as expected but does the result make for a more predictable outlook for the global economy and financial markets? The Econoday [...]
For 2025, the lineup of policymakers that comprise the Federal Open Market Committee (FOMC) looks stable. The normal rotation of voting presidents of the district banks does not include anyone who will be retiring in [...]
The November 11 week is shortened by the federal holiday on Monday to observe Veterans Day. It is a full market close in the US for bond markets. Not all businesses are closed; some will [...]
Econoday’s Relative Economic Performance Index (RPI) closed out last week at 30, showing global economic activity running quite well ahead of market forecasts. Although the U.S. index remained close to zero and its Canadian counterpart [...]
The Bank of England's Monetary Policy Committee (MPC) is expected to reduce the Bank Rate by 25 basis points to 4.75 percent on November 7, 2024, in light of easing inflationary pressures. Recent data shows [...]
There is nothing on the week’s data calendar that will distract from two big events.First, the US presidential election will be held on Tuesday, November 5. Most predictions are for a close race that might [...]
