Podcast – What to watch in 2024
Much like 2022, there can’t be many forecasters unhappy to see the back of 2023. Nonetheless, with crystal ball in hand, here’s what the Econoday team think will be driving global financial markets in [...]
High points for economic data scheduled for January 8 week
The economic data calendar in the January 8 week is light. There will be plenty of time to digest the implications of the December employment numbers. However, the week does have one critical data report [...]
Global data outperforming; Relative Performance Index at 15
Global economic data are on an upswing reflected in the Relative Performance Index (RPI) which is at plus 15. Signs last week that the Eurozone economy might have been stronger than expected in December boosted [...]
St. Louis Fed announces its next president – Alberto Musalem
The St. Louis Fed announces its selection of Alberto G. Musalem to be its next president and CEO. He will be sworn in on April 2, 2024. Musalem will complete the unexpired term that ends [...]
High points for economic data scheduled for January 1 week
The week begins with the January 1 holiday that results in some shifts in the normal economic data release calendar. The ISM reports – manufacturing and services, respectively – for December will be out one [...]
Inflation and inflation expectations at year end
The outlook for Fed monetary policy in 2024 is being shaped in large part by the inflation data and by inflation expectations for consumers and businesses. The challenge facing the FOMC is correctly interpreting the [...]
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, [...]
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 [...]
Podcast – What surprised financial markets in 2023
This year has produced the usual string of surprises for global financial markets. The Econoday team reflect on which of these shocks had the most important impact on international investors. Subscribe [...]
High points for US economic data scheduled for December 18 week
The December 18 week is the last before the week between Christmas and New Years. The two weeks are normally a quiet time for consumers and many businesses not in the retail sector. It may [...]