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 moderately bullish for USD. The following recent announcements may affect the market reaction to Presidential Election:

PreviousLatest
Producer Price Index (MoM)Bearish change0.3%0%
Producer Price Index (YoY)Bearish change2.6%2.3%
Producer Price Index ex Food & Energy (MoM)Bearish change0.1%0%
Producer Price Index ex Food & Energy (YoY)Bearish change3%2.6%
Consumer Price Index (MoM)Bullish change0.1%0.3%
Consumer Price Index (YoY)Bullish change2.4%2.7%
Consumer Price Index ex Food & Energy (MoM)Bullish change0.1%0.2%
Consumer Price Index ex Food & Energy (YoY)Bullish change2.8%2.9%
NY Empire State Manufacturing IndexBullish change-165.5
Monthly Budget StatementBullish change$-316B$27B
Initial Jobless ClaimsBullish change233K227K
Factory Orders (MoM)Bullish change-3.9%8.2%
ISM Services Employment IndexBearish change50.747.2
ISM Services New Orders IndexBullish change46.451.3
ISM Services PMIBullish change49.950.8
ISM Services Prices PaidBearish change68.767.5
S&P Global Composite PMIBullish change52.852.9
Average Hourly Earnings (YoY)Bearish change3.8%3.7%
Initial Jobless ClaimsBullish change237K233K
Labor Force Participation RateBearish change62.4%62.3%
Nonfarm PayrollsBullish change144K147K
U6 Underemployment RateBullish change7.8%7.7%
Unemployment RateBullish change4.2%4.1%
Average Hourly Earnings (MoM)Bearish change0.4%0.2%

About Presidential Election

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