Investors who follow economic events have a strategic advantage. Making smart investment decisions is directly related to being better informed. Following economic events provides predictability of market movements. Econoday Enterprise Solutions demystifies the relationship between economic announcements and market reaction so that investors can capitalize on opportunities first.Click here to learn more about Econoday’s research available through IBKR Account Management
Mixed Week Though US Jobs and Wages Soften
Rival Indicators Pointing in Different Directions
Monetary Policy on Hold, But Growth Also on Hold
Central Banks on Hold As Data Improves
Strength is this week’s theme, at least for the most part. Lower rates and Washington’s borrow and spend policy appear to be giving the US labor market a sizeable push going into year end. Growth in the global economy in general also appears to be improving, or at least no longer deteriorating. This lift is expressed in the week’s central bank decisions.
Low Rates or Not, Growth Trends Subdued
Industrial Production Slumping, Consumer Spending At Risk
Chinese Trade, German Production In Contraction
Growth Steady And Synchronized; Inflation Still Missing
Steady, Flat And Low On Ammunition
Production And Trade Slowing, And Inflation As Well
Global Production Weakening, Inflation Signals Weakening
Central Banks Under Stress, Rate-Cut Resistance In The US
Hints Of Inflation, Rising Wages Appear
Cross-Currents Sweep Data; Central Banks Set To Ease
Special Factors Pulling Data Lower; Trade Shots Fired
Data Posting Multi-Year Lows; US Treasuries Soar
The Subtext In Global Central Bank Speak: Devaluation
The Beginnings Of A Slump? Trade Sinks Manufacturing
Slowing Trade Slows Manufacturing; Rate Cuts The Answer
Rush To Rate Cuts; Informed By Incoming Data?
The push toward lower global interest rates appears to be reaching a pivotal phase of heavyweights. The European Central Bank meets on Thursday and is widely expected to signal stimulus at their next meeting in August while the Federal Reserve, in the following week, is widely expected to cut rates for the first time in 11 years. For the Fed, however, the cut would follow an unexpected run of very strong data that belies the need to cut rates.