President Biden speech

Joe Biden is the 46th President of the United States. Biden will serve as President for a four-year term, from January 2021 to January 2025. The well-known Democrat has almost 50 years of political service, including eight years as the Vicepresident under Barack Obama between 2008 and 2016.

Most recent - Thursday 11 July 2024 23:30

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Date
Thursday 11 July 2024 23:30
Friday 20 October 2023 00:00
Monday 13 March 2023 13:00
Wednesday 8 February 2023 02:00
Thursday 12 January 2023 13:30

Economic context

Recent economic data has been moderately bearish for USD. The following recent announcements may affect the market reaction to President Biden speech:

PreviousLatest
Michigan Consumer Expectations IndexBullish change5155
Michigan Consumer Sentiment IndexBullish change5153.3
UoM 1-year Consumer Inflation ExpectationsBearish change4.5%4.1%
UoM 5-year Consumer Inflation ExpectationBearish change3.4%3.2%
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.2%0.2%
Core Personal Consumption Expenditures - Price Index (YoY)Bearish change2.9%2.8%
Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.7%2.8%
Personal Income (MoM)(no change)0.4%0.4%
Personal SpendingBearish change0.5%0.3%
Factory Orders (MoM)Bearish change1.3%0.2%
Initial Jobless ClaimsBullish change218K191K
Challenger Job CutsBearish change153.074K71.321K
ISM Services Employment IndexBullish change48.248.9
ISM Services New Orders IndexBearish change56.252.9
ISM Services PMIBullish change52.452.6
ISM Services Prices PaidBearish change7065.4
S&P Global Composite PMIBearish change54.854.2
Industrial Production (MoM)Bullish change-0.3%0.1%
ADP Employment ChangeBearish change47K-32K
ISM Manufacturing Employment IndexBearish change4644
ISM Manufacturing New Orders IndexBearish change49.447.4
ISM Manufacturing PMIBearish change48.748.2
ISM Manufacturing Prices PaidBullish change5858.5
Chicago PMIBearish change43.836.3
Durable Goods OrdersBearish change3%0.5%
Durable Goods Orders ex DefenseBearish change1.9%0.1%
Durable Goods Orders ex TransportationBullish change0.5%0.6%
Nondefense Capital Goods Orders ex Aircraft(no change)0.9%0.9%
Initial Jobless ClaimsBullish change222K216K
Pending Home Sales (MoM)Bullish change0.1%1.9%
Housing Price Index (MoM)Bearish change0.4%0%
Producer Price Index (MoM)Bullish change-0.1%0.3%
Producer Price Index (YoY)(no change)2.7%2.7%
Producer Price Index ex Food & Energy (MoM)Bullish change-0.1%0.1%
Producer Price Index ex Food & Energy (YoY)Bearish change2.9%2.6%
Retail Sales (MoM)Bearish change0.6%0.2%
Retail Sales Control GroupBearish change0.6%-0.1%
Retail Sales ex Autos (MoM)Bearish change0.6%0.3%
ADP Employment Change 4-week averageBearish change-2.5K-13.5K

About President Biden speech

Country:United States
Currency:USD
Source:The White House
Category:Politics
Frequency:Irregular
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