The May 27 week is shortened in the US by the Memorial Day observance on Monday. Reports normally released on Monday will be moved to Tuesday, and some Tuesday data to Wednesday. There isn’t a [...]
Global economic data continue on net to come in very near expectations, at minus 3 for the Relative Performance Index and at minus 5 less prices (RPI-P). These readings suggest no jolts for Econoday’s Global [...]
The high points for economic data in the May 20 week should be the sales numbers for new and existing homes for April. Gauging the health of the housing market may be a bit tricky [...]
Econoday’s Relative Performance Index for the global economy moved a bit lower, ending the week at minus 7 and at minus 10 less inflation (RPI-P). The US, at minus 26 for the RPI and minus [...]
In the wake of the softer-than-expected payroll gains for April in the monthly employment report, the inflation data for April in the May 13 week become the next signpost for the outlook for Fed monetary [...]
Global economic data continue to come in very near expectations, at minus 3 for the Relative Performance Index and at plus 3 less prices (RPI-P). Though the outlook for monetary policy varies by region, on [...]
With the next round of inflation reports on the near horizon, markets should be prepared for a disappointment that, following April’s employment report, may well erase the uptick in rate-cut expectations.The bottom line is that [...]
Recent comments from a number of MPC members have hinted that a cut in Bank Rate might not be too far away and possibly rather sooner than financial markets currently expect. However, apart from the [...]
The May 6 week presents a remarkably empty calendar for US economic data. This will leave plenty of time to speculate about the direction of Fed monetary policy after the downside surprise in the change [...]
At minus 7, the Relative Performance Index (RPI) extended an improving trend and is now signaling that global economic data on net are nearly meeting economic forecasts. At minus 2, the index less prices (RPI-P) [...]
