US New Home Sales 740K, Exp. 715K
24 Sep 21 (Fri)
US Initial Claims 351K, Exp. 320K
Continuing Claims 2.845MM, Exp. 2.600MM
23 Sep 21 (Thu)
Turkey central bank unexpectedly cut its policy rate by 100 basis points to 18% on Thursday, delivering stimulus long sought by President Tayyip Erdogan despite high inflation, and sending the lira...
Will be well away from satisfying the rates liftoff test when we begin the taper.
There is still lots of slack in the labor market.
If inflation remains higher during 2022, Fed...
22 Sep 21 (Wed)
- Maintaining bond buying of $120 billion per month
- Inflation levels elevated on transitory factors
- Economy has made progress toward tapering threshold
- Raised in...
Federal Reserve leaves interest rates unchanged, says moderation in asset purchases may soon be warranted
Fed Interest Rate Decision
Watch out for on the Fed Monetary Policy Meeting in 30 minutes. The Federal Reserve is expected to leave its benchmark interest rate unchanged. The meeting will give markets new guidance...
Crude: -3.481MM, Exp. -2.450MM
Production: 10.6MM, +500kb/d
The real gross domestic product (GDP) in the United States is expected to grow by 3.7% in the third quarter of 2021, up slightly from 3.6% on September 16, the Federal Reserve Bank of Atlanta lates...
21 Sep 21 (Tue)
Last week, the US dollar held three-week highs against a basket of major currencies after a raft of strong U.S. economic data rekindled expectations for earlier policy tightening by the U.S. Federa...
20 Sep 21 (Mon)
UMich Sept prelim consumer sentiment 71.0 vs 72.2 expected
17 Sep 21 (Fri)
US Retail Sales 0.7%, Exp. -0.7%
16 Sep 21 (Thu)
EIA weekly oil inventories -6422K vs -3544K expected
15 Sep 21 (Wed)
Inflation in the US, as measured by the Consumer Price Index (CPI), edged lower to 5.3% on a yearly basis in August from 5.4% in July, the data published by the US Bureau of Labor Statistics reveal...
14 Sep 21 (Tue)
The U.S. dollar settled below a 2-1/2-week high hit in the previous session, as investors braced for inflation data that might offer clues on the timing of policy tightening by the Federal Reserve...
Last week, the European central bank kept its interest rate unchanged at 0%, it indicated it would slow the pace of purchases under its Pandemic Emergency Purchase Program in the f...
13 Sep 21 (Mon)
U.S. PRODUCER PRICE INFLATION RISES +0.7% IN AUGUST; EST. +0.6%
U.S. CORE PPI RISES +0.6% IN AUGUST; EST. +0.5%
10 Sep 21 (Fri)
The major data release Friday comes in the form of U.S. producer prices, at 8:30 AM ET (1230 GMT). These are expected to have cooled in August, expected to rise by 0.6% after the 1% jump in July, p...
Crude -1.528MM, Est. -4.75MM
Production -1.5MMb/d to 10MMb/d
09 Sep 21 (Thu)
GDP forecasts released Sept 9, 2021:
2021 GDP +5.0% vs +4.6% prior
2022 GDP +4.6% vs +4.7% prior
2023 GDP +2.1% vs +2.1% prior
Eurozone on track for a strong growth in Q3; manufacturing to perform strongly.
Shortages are holding back production.
The labour market is improving rapidly; consumers are cautious.