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
Employment Cost IndexBearish change0.8%0.7%
Retail Sales (MoM)Bearish change0.6%0%
Retail Sales Control GroupBearish change0.2%-0.1%
Retail Sales ex Autos (MoM)Bearish change0.4%0%
ADP Employment Change 4-week averageBullish change5K6.5K
Michigan Consumer Expectations IndexBearish change5756.6
Michigan Consumer Sentiment IndexBullish change56.457.3
UoM 1-year Consumer Inflation ExpectationsBearish change4%3.5%
UoM 5-year Consumer Inflation ExpectationBullish change3.3%3.4%
JOLTS Job OpeningsBearish change6.928M6.542M
Initial Jobless ClaimsBearish change209K231K
Challenger Job CutsBullish change35.553K108.435K
ISM Services Employment IndexBearish change51.750.3
ISM Services New Orders IndexBearish change56.553.1
ISM Services PMI(no change)53.853.8
ISM Services Prices PaidBullish change65.166.6
S&P Global Composite PMIBullish change52.853
ADP Employment ChangeBearish change37K22K
ISM Manufacturing Employment IndexBullish change44.848.1
ISM Manufacturing New Orders IndexBullish change47.457.1
ISM Manufacturing PMIBullish change47.952.6
ISM Manufacturing Prices PaidBullish change58.559
Chicago PMIBullish change43.554
Producer Price Index (MoM)Bullish change0.2%0.5%
Producer Price Index (YoY)(no change)3%3%
Producer Price Index ex Food & Energy (MoM)Bullish change0%0.7%
Producer Price Index ex Food & Energy (YoY)Bullish change3%3.3%
Factory Orders (MoM)Bullish change-1.3%2.7%
Initial Jobless ClaimsBullish change210K209K
Nonfarm Productivity(no change)4.9%4.9%
Unit Labor Costs(no change)-1.9%-1.9%
Fed Interest Rate Decision(no change)3.75%3.75%

About Presidential Election

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