High points for economic data scheduled for May 8 week
The main points of interest in the May 8 week for the US are likely to be the cluster of reports on inflation – CPI on Wednesday, PPI on Thursday, and import prices on Friday [...]
Podcast – Is central bank policy working?
Taken together with the latest raft of central bank announcements, the recent deluge of real economy and inflation updates has given investors plenty to chew on. Here’s Econoday’s take on what it all means for the global economic outlook and financial markets.
May ECB meeting preview: Job not yet done
With inflation still misbehaving and the global banking sector at least more stable, market expectations are for yet another hike in key ECB interest rates this week. However, in line with the March meeting, a [...]
High points for economic data scheduled for May 1 week
While the May 1 week starts off the month with plenty of data on the calendar, there are only two things likely to keep market attention.First, the FOMC meeting on May 2-3 is expected to [...]
High points for economic data scheduled for April 24 week
The April 24 week will see an absence of Fed speakers during the communications blackout period around the May 2-3 FOMC meeting. The period begins at midnight on Saturday, April 23 and runs through midnight on Thursday, May 4.
Retail sales see downward revisions in recent months
On Monday, April 24, the Census Bureau issued annual revisions to the retail sales data. The revisions stretch back through 2010 but with negligible differences over most of that time. They are, however, more noticeable starting in 2021.
Conditions in New York and Philadelphia factory sectors at odds in April
If the 35.4 point rise in the New York Fed’s manufacturing general business conditions index to 10.8 in April raised hopes of a rebound for the factory sector, the index’s counterpart in the Philadelphia Fed manufacturing business outlook survey dashed them.
High points for economic data scheduled for April 17 week
There are few economic data reports with market-moving potential in the April 17 week. Strength in the housing market should not be a surprise.
Podcast – Don’t say growth doesn’t matter
The unexpected decision by OPEC+ to cut oil production earlier this month provided a fresh and unwelcome boost to inflation. However, there are signs that at least some investors and central bankers are starting to worry about growth.
High points for economic data scheduled for April 10 week
The April 10 week is a fairly busy one for economic data. The standouts will be the March CPI data on Wednesday at 8:30 ET and retail and food services sales at 8:30 ET on [...]