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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.

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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

Economic context

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

		Previous	Latest
Factory Orders (MoM)	Bullish change	-3.9%	8.2%
ISM Services Employment Index	Bearish change	50.7	47.2
ISM Services New Orders Index	Bullish change	46.4	51.3
ISM Services PMI	Bullish change	49.9	50.8
ISM Services Prices Paid	Bearish change	68.7	67.5
S&P Global Composite PMI	Bullish change	52.8	52.9
Average Hourly Earnings (YoY)	Bearish change	3.8%	3.7%
Initial Jobless Claims	Bullish change	237K	233K
Labor Force Participation Rate	Bearish change	62.4%	62.3%
Nonfarm Payrolls	Bullish change	144K	147K
U6 Underemployment Rate	Bullish change	7.8%	7.7%
Unemployment Rate	Bullish change	4.2%	4.1%
Average Hourly Earnings (MoM)	Bearish change	0.4%	0.2%
ADP Employment Change	Bearish change	29K	-33K
Challenger Job Cuts	Bearish change	93.816K	47.999K
ISM Manufacturing Employment Index	Bearish change	46.8	45
ISM Manufacturing New Orders Index	Bearish change	47.6	46.4
ISM Manufacturing PMI	Bullish change	48.5	49
ISM Manufacturing Prices Paid	Bullish change	69.4	69.7
JOLTS Job Openings	Bullish change	7.395M	7.769M
Chicago PMI	Bearish change	40.5	40.4
Michigan Consumer Expectations Index	Bearish change	58.4	58.1
Michigan Consumer Sentiment Index	Bullish change	60.5	60.7
UoM 1-year Consumer Inflation Expectations	Bearish change	5.1%	5%
UoM 5-year Consumer Inflation Expectation	Bearish change	4.1%	4%
Core Personal Consumption Expenditures - Price Index (MoM)	Bullish change	0.1%	0.2%
Core Personal Consumption Expenditures - Price Index (YoY)	Bullish change	2.6%	2.7%
Personal Consumption Expenditures - Price Index (MoM)	(no change)	0.1%	0.1%
Personal Consumption Expenditures - Price Index (YoY)	Bullish change	2.2%	2.3%
Personal Income (MoM)	Bearish change	0.7%	-0.4%
Personal Spending	Bearish change	0.2%	-0.1%
Pending Home Sales (MoM)	Bullish change	-6.3%	1.8%
Core Personal Consumption Expenditures (QoQ)	Bullish change	3.4%	3.5%
Durable Goods Orders	Bullish change	-6.6%	16.4%
Durable Goods Orders ex Defense	Bullish change	-7.7%	15.5%
Durable Goods Orders ex Transportation	Bullish change	0%	0.5%
Gross Domestic Product Annualized	Bearish change	-0.2%	-0.5%
Gross Domestic Product Price Index	Bullish change	3.7%	3.8%
Initial Jobless Claims	Bullish change	245K	236K
Nondefense Capital Goods Orders ex Aircraft	Bullish change	-1.4%	1.7%
Personal Consumption Expenditures Prices (QoQ)	Bullish change	3.6%	3.7%
New Home Sales Change (MoM)	Bearish change	9.6%	-13.7%
Housing Price Index (MoM)	Bearish change	0%	-0.4%
Existing Home Sales Change (MoM)	Bullish change	-0.5%	0.8%
S&P Global Composite PMI	Bearish change	53	52.8
S&P Global Manufacturing PMI	(no change)	52	52
S&P Global Services PMI	Bearish change	53.7	53.1

About President Biden speech

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

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