The US dollar fell to a one-month low last week after the U.S. Federal Reserve said the job market still had some ground to cover before it would be time to ease monetary stimulus.
02 Aug 21 (Mon)
UMich 81.2, Exp. 80.8
1 Year Inflation exp. 4.7%, Exp. 4.8%
5-10 Year inflation exp. 2.8%, Last 2.9%
30 Jul 21 (Fri)
The number was a bit lower than expectations were 6 or 8 weeks ago but it will just push growth into H2
Q2 GDP report 'very good' on the whole
Says he still expects 7% growth...
PCE 0.5%, Exp. 0.6%
Core PCE 0.4%, Exp. 0.6%
Personal Income 0.1%, Exp. -0.4%
Personal Spending 1.0%, Exp. 0.7%
Pending home sales -1.9%, Exp. 0.1%, Last 8.3%
29 Jul 21 (Thu)
US economy grows by 6.5% in Q2 vs. 8.5% expected
The U.S. will publish its first estimate of second-quarter Gross Domestic Product at 8:30 AM ET (1230 GMT). Growth is expected to have accelerated to an annualized rate of 8.5% from 6.4% in the fir...
Progress on vaccinations, fiscal support providing strong support to economy.
Household spending is rising at especially rapid pace.
Housing sector remains very strong, business...
28 Jul 21 (Wed)
FED POWELL: INFLATION HAS INCREASED NOTABLY, AND WILL REMAIN ELEVATED IN COMING MONTHS BEFORE MODERATING
FOMC MAINTAINS $80 BILLION TREASURY BUYING, $40 BILLION MBS BUYING PER MONTH
FOMC: Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses.
Federal Reserve leaves rates and QE pace unchanged
Focus on the Fed Monetary Policy Meeting today. The Federal Reserve is expected to leave its benchmark interest rate unchanged. The meeting will give markets new guidance about monetary policy...
US EIA weekly crude oil inventories -4089K vs -2928K exp
Today, Federal Reserve announces its policy decisions and, perhaps, some new guidance on the path of interest rates and bond purchases.
The Federal Open Market Committee will releas...
US Consumer Confidence 129.1, Exp. 123.9, Last 128.9
27 Jul 21 (Tue)
The USD remained on the defensive following the release of softer-than-expected US Durable Goods Orders data for the month of June. In fact, the headline orders recorded a modest 0.8% growth in Jun...
FOMC policy statement is to be issued Wednesday at 2 p.m. (1800 GMT) followed by a press conference by Fed Chair Jerome Powell.
Federal Reserve divided over how to respond to fast-ri...
26 Jul 21 (Mon)
Last week, the European Central Bank pledged to keep interest rates at record lows for even longer, as widely expected.
Delta coronavirus variant is the highest risk in the market. German...
25 Jul 21 (Sun)
US June existing home sales 5.86 vs 5.90m expected
22 Jul 21 (Thu)
We expect economic activity to return to pre-crisis level by the first quarter of the next year.
We expect inflation to rise further in the coming months.
Inflation rise is driv...
LAGARDE: INFLATION TO INCREASE FURTHER IN COMING MONTHS