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

Trading range

Past events

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
Tuesday 2 August 2022 23:30
Wednesday 22 June 2022 18:00
Friday 3 June 2022 14:30
Wednesday 11 May 2022 18:15
Tuesday 10 May 2022 15:30

Economic context

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

PreviousLatest
Michigan Consumer Sentiment IndexBearish change57.957
UoM 5-year Consumer Inflation ExpectationBullish change3.9%4.1%
Core Personal Consumption Expenditures - Price Index (MoM)Bullish change0.3%0.4%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change2.7%2.8%
Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Personal Consumption Expenditures - Price Index (YoY)(no change)2.5%2.5%
Personal Income (MoM)Bullish change0.7%0.8%
Personal SpendingBullish change-0.3%0.4%
Pending Home Sales (MoM)Bullish change-4.6%2%
Core Personal Consumption Expenditures (QoQ)Bearish change2.7%2.6%
Gross Domestic Product AnnualizedBullish change2.3%2.4%
Gross Domestic Product Price IndexBearish change2.4%2.3%
Initial Jobless ClaimsBullish change225K224K
Personal Consumption Expenditures Prices (QoQ)(no change)2.4%2.4%
Durable Goods OrdersBearish change3.3%0.9%
Durable Goods Orders ex DefenseBearish change3.7%0.8%
Durable Goods Orders ex TransportationBullish change0.1%0.7%
Nondefense Capital Goods Orders ex AircraftBearish change0.9%-0.3%
New Home Sales Change (MoM)Bullish change-6.9%1.8%
Housing Price Index (MoM)Bearish change0.5%0.2%
S&P Global Composite PMIBullish change51.653.5
S&P Global Manufacturing PMIBearish change52.749.8
S&P Global Services PMIBullish change5154.3
Existing Home Sales Change (MoM)Bullish change-4.7%4.2%
Initial Jobless ClaimsBearish change220K223K
Philadelphia Fed Manufacturing SurveyBearish change18.112.5
Fed Interest Rate Decision(no change)4.5%4.5%
Interest Rate Projections - 1st yearBearish change3.9%3.4%
Interest Rate Projections - 2nd yearBearish change3.4%3.1%
Interest Rate Projections - CurrentBearish change4.4%3.9%
Interest Rate Projections - Longer(no change)3%3%
Industrial Production (MoM)Bullish change0.3%0.7%
Building Permits (MoM)Bearish change1.473M1.456M
Housing Starts (MoM)Bullish change1.35M1.501M
NY Empire State Manufacturing IndexBearish change5.7-20
Retail Sales (MoM)Bullish change-1.2%0.2%
Retail Sales Control GroupBullish change-1%1%
Retail Sales ex Autos (MoM)Bullish change-0.6%0.3%

About President Biden speech

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