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Market movers today
With May Day celebrations around the world there are few macroeconomic numbers on the agenda today.
Most important will be the US ISM numbers for the manufacturing sector. We expect ISM to have inched up to 52.2 in April - slightly more upbeat than the consensus expectations of 52.0 and up from 51.5 in March.
Dovish-leaning John Williams of the San Francisco Fed speaks today.
To Read the Entire Report Please Click on the pdf File Below
We finished 2024 with a slightly soft reading, but we began 2025 with a hot reading. Now, my admonition last month about the volatility of December data applies also to January...
Stocks were flat yesterday ahead of today's CPI report. Forecasts call for a 0.3% month-over-month increase in both core and headline CPI, with year-over-year gains of 2.9% for...
The Consumer Price Index (CPI) rose 0.5% in January, well above (worse) than the 0.3% rise that the street was expecting. This is now the 7th straight month where the CPI has...
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