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
Tuesday 2 August 2022 23:30
Wednesday 22 June 2022 18:00

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 Expectations IndexBullish change47.958.4
Michigan Consumer Sentiment IndexBullish change52.260.5
UoM 1-year Consumer Inflation ExpectationsBearish change6.6%5.1%
UoM 5-year Consumer Inflation ExpectationBearish change4.2%4.1%
Initial Jobless Claims(no change)248K248K
Producer Price Index (MoM)Bullish change-0.2%0.1%
Producer Price Index (YoY)Bullish change2.5%2.6%
Producer Price Index ex Food & Energy (MoM)Bullish change-0.2%0.1%
Producer Price Index ex Food & Energy (YoY)Bearish change3.2%3%
Monthly Budget StatementBearish change$258B$-316B
Consumer Price Index (MoM)Bearish change0.2%0.1%
Consumer Price Index (YoY)Bullish change2.3%2.4%
Consumer Price Index ex Food & Energy (MoM)Bearish change0.2%0.1%
Consumer Price Index ex Food & Energy (YoY)(no change)2.8%2.8%
Average Hourly Earnings (MoM)Bullish change0.2%0.4%
Average Hourly Earnings (YoY)(no change)3.9%3.9%
Labor Force Participation RateBearish change62.6%62.4%
Nonfarm PayrollsBearish change147K139K
U6 Underemployment Rate(no change)7.8%7.8%
Unemployment Rate(no change)4.2%4.2%
Initial Jobless ClaimsBearish change239K247K
Nonfarm ProductivityBearish change-0.8%-1.5%
Unit Labor CostsBullish change5.7%6.6%
Challenger Job CutsBearish change105.441K93.816K
ISM Services Employment IndexBullish change4950.7
ISM Services New Orders IndexBearish change52.346.4
ISM Services PMIBearish change51.649.9
ISM Services Prices PaidBullish change65.168.7
S&P Global Composite PMIBullish change52.153
ADP Employment ChangeBearish change60K37K
Factory Orders (MoM)Bearish change3.4%-3.7%
JOLTS Job OpeningsBullish change7.2M7.391M
ISM Manufacturing Employment IndexBullish change46.546.8
ISM Manufacturing New Orders IndexBullish change47.247.6
ISM Manufacturing PMIBearish change48.748.5
ISM Manufacturing Prices PaidBearish change69.869.4

About President Biden speech

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