Last week, The FOMC minutes showed that the central bank will hike its interest rates imminently and continue to monitor inflation levels. The minutes also showed that the officials had not decided...
21 Feb 22 (Mon)
UKRAINE FOREIGN MINISTER KULEBA SAYS FIRE FROM TANKS RECORDED IN EASTERN UKRAINE
17 Feb 22 (Thu)
Housing Starts 1.638MM, Exp. 1.395MM
Housing Permits 1.593MM, Exp. 1.605MM
Initial Claims 248K, Exp. 218
Continuing Claims 1593MM, Exp. 1605MM
Philly Fed 16.0, Exp. 20.0
Most participants preferred to continue to reduce the Committee net asset purchases according to the schedule announced in December, bringing them to an end in early March
16 Feb 22 (Wed)
FOMC: In light of elevated inflation pressures and the strong labor market, participants continued to judge that the Committee net asset purchases should be concluded soon.
FOMC: Participants remarked that recent inflation readings had continued to significantly exceed the Committee longer-run goal and elevated inflation was persisting longer than they had anticipated, r...
Crude +1.12MM, Est -2.174MM
US Retail Sales 3.8%, Exp. 2.0%
Retail Sales ex auto 3.3%, Exp. 0.9%
Retail Sales control group 4.8%, Exp. 1.2%
US Dollar was up last week, with stronger-than-expected U.S. inflation data and hawkish comments from a Federal Reserve policymaker increasing bets of a substantial interest rate hike
14 Feb 22 (Mon)
Umich Sentiment collapses to 61.7, Exp. 67.0, Last 67.2
11 Feb 22 (Fri)
CPI M/M 0.6%, Exp. 0.4%
CPI Y/Y 7.5%. Exp. 7.2%
Core CPI M/M 0.6%, Exp. 0.5%
Core CPI Y/Y 6.0%, Exp. 5.9%
10 Feb 22 (Thu)
The January U.S. consumer prices releaseis due at 8:30 AM ET (1330 GMT), and the headline CPI is seen rising 0.5% on the month and 7.3% on the year in January, the highest number since 1982.
The Euro showed an upward movement last week, benefiting from a hawkish turn by the European Central Bank on Thursday.
In the press conference following the central bank policy meeting, t...
07 Feb 22 (Mon)
US Non-farm Payrolls rose by just 467K jobs in January.
The unemployment rate ticked higher to 4.0%.
04 Feb 22 (Fri)
US January non-farm payrolls +467K vs +150K expected
US Nonfarm Payrolls are expected to rise 155K in January from 199K in the previous month. The Unemployment Rate is expected to stay at 3.9%. Average hourly earnings are expected to come out 5.2%, year...
Pay attention to the US Non-Farm Payrolls today! The US Jobs Report will be released at 13:30 p.m. (GMT).
Why Is This Important?
The Non-Farm Payrolls track the change in the nu...
ISM Services 59.9, Exp. 59.5, Last 62.3
03 Feb 22 (Thu)
Markit Services PMI Final 51.2, Exp. 50.9
LAGARDE: WILL NOT HIKE RATES UNTIL NET BOND PURCHASES HAVE STOPPED
LAGARDE: MARCH, JUNE ESPECIALLY IMPORTANT FOR INFLATION VERDICT
UNANIMOUS CONCERN ABOUT INFLATION DATA
RISKS TO INFLATION OUTLOOK TILTED TO UPSIDE
- Containment measures are hurting travel and tourism
- Economic activity will remain subdued in the first half of 2022
- ECB must maintain its flexibilit...
LAGARDE: INFLATION TO REMAIN ELEVATED FOR LONGER THAN EXPECTED
INFLATION TO EASE IN COURSE OF THIS YEAR