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

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 IndexBearish change55.951.8
Michigan Consumer Sentiment IndexBearish change58.255.4
UoM 1-year Consumer Inflation Expectations(no change)4.8%4.8%
UoM 5-year Consumer Inflation ExpectationBullish change3.5%3.9%
Monthly Budget StatementBearish change$-291B$-345B
Consumer Price Index (MoM)Bullish change0.2%0.4%
Consumer Price Index (YoY)Bullish change2.7%2.9%
Consumer Price Index ex Food & Energy (MoM)(no change)0.3%0.3%
Consumer Price Index ex Food & Energy (YoY)(no change)3.1%3.1%
Initial Jobless ClaimsBearish change236K263K
Producer Price Index (MoM)Bearish change0.7%-0.1%
Producer Price Index (YoY)Bearish change3.1%2.6%
Producer Price Index ex Food & Energy (MoM)Bearish change0.7%-0.1%
Producer Price Index ex Food & Energy (YoY)Bearish change3.4%2.8%
Average Hourly Earnings (MoM)(no change)0.3%0.3%
Average Hourly Earnings (YoY)Bearish change3.9%3.7%
Labor Force Participation RateBullish change62.2%62.3%
Nonfarm PayrollsBearish change79K22K
U6 Underemployment RateBearish change7.9%8.1%
Unemployment RateBearish change4.2%4.3%
ISM Services Employment IndexBullish change46.446.5
ISM Services New Orders IndexBullish change50.356
ISM Services PMIBullish change50.152
ISM Services Prices PaidBearish change69.969.2
S&P Global Composite PMIBearish change55.454.6
Initial Jobless ClaimsBearish change229K237K
Nonfarm ProductivityBullish change2.4%3.3%
Unit Labor CostsBearish change1.6%1%
ADP Employment ChangeBearish change106K54K
Challenger Job CutsBullish change62.075K85.979K
Factory Orders (MoM)Bullish change-4.8%-1.3%
JOLTS Job OpeningsBearish change7.357M7.181M
ISM Manufacturing Employment IndexBullish change43.443.8
ISM Manufacturing New Orders IndexBullish change47.151.4
ISM Manufacturing PMIBullish change4848.7
ISM Manufacturing Prices PaidBearish change64.863.7

About President Biden speech

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