Presidential Election

The U.S. Presidential Election released by the USA.gov is the consecutive quadrennial United States presidential election and decides the President and the Vice President of the United States. It is a significant event to determine the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth. Also holding congressional elections: voters will elect all 435 members to the US House of Representatives and 33 members to the Senate. The election might affect the USD volatility.

Tuesday 5 November 2024 00:00

Trading range

Past events

Date
Tuesday 5 November 2024 00:00

Economic context

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

PreviousLatest
Core Personal Consumption Expenditures - Price Index (MoM)Bearish change0.3%0.1%
Core Personal Consumption Expenditures - Price Index (YoY)Bearish change3.4%3.3%
Core Personal Consumption Expenditures (QoQ)Bearish change4.4%3.4%
Gross Domestic Product AnnualizedBearish change2.1%1.5%
Gross Domestic Product Price IndexBullish change3.6%6.3%
Initial Jobless ClaimsBearish change188K197K
Personal Consumption Expenditures - Price Index (MoM)Bearish change0.5%-0.1%
Personal Consumption Expenditures - Price Index (YoY)Bearish change4.1%3.7%
Personal Consumption Expenditures Prices (QoQ)Bullish change4.6%5.1%
Personal Income (MoM)Bearish change0.7%0.2%
Personal SpendingBearish change0.9%0.3%
Fed Interest Rate Decision(no change)3.75%3.75%
Housing Price Index (MoM)Bullish change-0.1%0.3%
ADP Employment Change 4-week averageBearish change16.25K15K
Durable Goods OrdersBullish change-4%0.3%
Durable Goods Orders ex DefenseBullish change-4.3%0.3%
Durable Goods Orders ex TransportationBearish change1.8%0.6%
Nondefense Capital Goods Orders ex AircraftBearish change1.9%0.9%
New Home Sales Change (MoM)Bullish change-4.3%1.6%
S&P Global Composite PMIBullish change51.953.6
S&P Global Manufacturing PMIBearish change53.953.8
S&P Global Services PMIBullish change51.253.6
Initial Jobless ClaimsBullish change209K187K
ADP Employment Change 4-week averageBearish change19.25K16.5K
Michigan Consumer Expectations IndexBullish change50.754
Michigan Consumer Sentiment IndexBullish change49.554.4
UoM 1-year Consumer Inflation ExpectationsBearish change4.6%4.2%
UoM 5-year Consumer Inflation Expectation(no change)3.3%3.3%
Industrial Production (MoM)(no change)0.1%0.1%
Building Permits (MoM)Bearish change1.41M1.367M
Housing Starts (MoM)Bullish change1.199M1.427M

About Presidential Election

Country:United States
Currency:USD
Source:
Category:Politics
Frequency:Irregular
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