http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-11-16.htmlRetail sales (Oct): up due to a rebound in auto sales First manufacturing indices (Nov): mixed picture Industrial production (Oct): moderate rise Consumer prices (Oct): another slight increase at the core level Housing starts (Oct): modest recovery Leading indicators (Oct): seventh consecutive increase In September, vehicle sales fell significantly, but at –1.5% mom, the drop in total retail sales was not as sharp as expected. Domestic vehicle sales rebounded from 6.80 to 7.94m. We thusMon, 16 Nov 2009 10:53:47 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-11-16.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-11-09.v02.htmlTrade balance (Sep): widening deficit Import prices (Oct): annual rate much less negative UMI consumer sentiment (Nov): slight improvement Initial jobless claims went down by 20k in the week ending 31 October. This was the lowest level since the second week of January, but jobless claims above 400k continue to signal job cuts in the US economy. We expect initial jobless claims in the week ending 7 November to have risen slightly to 515k after their marked decline. The federal governmentMon, 09 Nov 2009 10:54:10 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-11-09.v02.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-11-02.htmlFOMC: more favourable economic assessment, but no change in accommodative stance Labour market report (Oct): no significant improvement The first regional October manufacturing surveys painted an ambiguous picture: the Philadelphia Fed index declined by 2.6 points and the Richmond Fed index halved to 7, but the New York Empire manufacturing index jumped from 18.9 to 34.6 – its highest level since June 2004, and the Chicago PMI rebounded too, rising about eight points to 54.2. We forecast thatMon, 02 Nov 2009 11:39:28 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-11-02.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-10-26.htmlDurable goods orders (Sep): rising slightly after August plunge GDP (Q3): marked increase after four quarters of negative growth The Conference Board’s consumer confidence unexpectedly fell slightly by 1.4 points to 53.1. Although it is already at a relatively low level, we expect consumer confidence to have remained unchanged in October: the University of Michigan’s (UMI) preliminary consumer sentiment dropped by about 4 points to 69.4, as uncertainty about the economic outlook increased. InMon, 26 Oct 2009 10:11:37 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-10-26.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-10-19.htmlL eading indicators (Sep): sharply increasing for the sixth consecutive month Existing home sales (Sep): temporary uptick because of special tax credit The NAHB homebuilders’ index has been creeping up since February, but the September level of 19 was still far below the level of 50, above which the positive answers prevail. We expect the NAHB index to have improved slightly to 20 in October. In line with the upward trend in the NAHB index, housing starts have improved somewhat since spring.Mon, 19 Oct 2009 10:26:21 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-10-19.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-10-12.htmlImport prices and CPI (Sep): annual rates still in negative territory  First regional PMIs (Oct): indicating slower expansion in manufacturing  Industrial production (Sep): upward trend slowing markedly  UMI consumer sentiment (Oct prel.): decreasing slightly Import prices had risen by 2.0% mom in August, mainly due to higher petroleum prices. As they fell slightly in the statistically relevant first third of the month, we forecast that import prices will have remained stable inMon, 12 Oct 2009 10:09:04 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-10-12.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-10-05.htmlISM non-manufacturing index (Sep): reaching the growth threshold Trade balance (Aug): rising slightly due to higher prices The ISM non-manufacturing index rose by 2 points in August, but still indicated contraction, in contrast to the manufacturing index. However, as the business activity subindex had already broken through the expansion threshold and new orders had reached 49.9, the ISM non-manufacturing index could have reached 50.0 in September, for the first time since September 2008. ButMon, 05 Oct 2009 09:30:24 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-10-05.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-09-28.htmlConsumer confidence (Sep): reaching the highest level since October 2008  ISM manufacturing index (Sep) : indicating expansion for the second month in a row PCE core deflator (Aug): approaching the lower limit of the Fed’s comfort zone  Labour market (Sep) : unemployment rate keeps rising After two declines, the Conference Board’s consumer confidence rebounded in August, rising by 7 points. We expect it to have improved again by almost six points to 60.0 in September, as theMon, 28 Sep 2009 09:23:29 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-09-28.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-09-21.htmlLeading indicators (Aug): sharply increasing for the fifth consecutive month FOMC : not announcing a reversal of very expansive monetary policy yet Durable goods orders (Aug): temporary support from “cash for clunkers” UMI consumer sentiment (Aug): downward revision of the final figures Leading indicators are likely to have gone up significantly for the fifth consecutive month in August, by 0.7% mom. Thus the yearly rate will rise to 1.7%, and the annualised 6- month rate could even jump toMon, 21 Sep 2009 11:42:42 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-09-21.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-09-14.htmlPPI & CPI (August): further decline in yearly core inflation rates Retail sales (August): sharp increase due to vehicles First regional manufacturing indices (Sep): indicating growth for the second month in a row Industrial production (August): growth accelerates due to temporary impact of CARS Housing starts (August): continuing to stabilise Producer prices declined by 0.9% mom in July, as food and energy prices in particular fell. In August, however, oil prices went up by about 17% momMon, 14 Sep 2009 12:02:47 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-09-14.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-09-07.htmlImport prices (Aug): noticeable increase due to higher petroleum prices UMI consumer sentiment (Sep): improving after favourable economic data The Beige Book is likely to paint a brighter picture of the economy than at the end of July, when economic activity was still described as weak or sluggish. Whereas in the last report, the pace of decline was said to be moderating, the Fed could now state that the economy has leveled out, with the manufacturing sector beginning to expand, and retailMon, 07 Sep 2009 10:38:31 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-09-07.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-08-31.htmlISM indices (Aug): manufacturing index is the first to reach expansion threshold Labour market (Aug): unemployment rate could rise again The manufacturing sector was hit particularly hard during the recession: manufacturing production went down by 17% from its peak in December 2007. However, the ISM manufacturing index has been improving steadily this year, and in August it could have reached the expansion threshold for the first time since November 2007: the Philadelphia Fed index and the NewMon, 31 Aug 2009 11:05:09 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-08-31.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-08-24.htmlConsumer confidence indicators (Aug): lack of optimism despite signs of stabilisation Durable goods orders (Jul): sharp improvement due to transportation PCE core deflator (Jul): approaching the lower end of the Fed’s comfort zone The Conference Board’s consumer confidence rebounded from its all-time low in April and May, but has fallen back since then, despite signs that the economy is stabilising: consumers are burdened with high debt levels, sharp wealth losses, rising unemployment and slowMon, 24 Aug 2009 08:25:05 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-08-24.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-08-17.htmlNew York Empire and Philly Fed (Aug): improving conditions Housing market data (Jul): continuing to stabilise Leading indicators (Jul): fourth significant improvement in a row The New York Empire manufacturing index had risen from –9.4 to a still negative –0.6 in July. After having contracted for fifteen consecutive months, the index could have been slightly above zero in August, as already indicated by the positive readings of July’s new orders and production components. We forecast that theMon, 17 Aug 2009 09:15:03 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-08-17.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-08-10.htmlFOMC–meeting: accommodative policy stance unlikely to change Retail sales (Jul): rising because of vehicle sales CPI (Jul): yearly rate could fall to –2.2% Industrial production (Jul): first increase since October 2008 UMI consumer sentiment (Aug): slight improvement only We expect non-farm productivity to have increased sharply by about 6.0% qoq annualised in Q2. The GDP statistics showed that non-farm business gross value added went down by 1.7% mom, but aggregate working hours dropped muchMon, 10 Aug 2009 09:47:25 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-08-10.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-08-03.htmlISM non-manufacturing index (Jul): improving slightly but still in contraction zone PCE core deflator (Jun): yearly rate continuing its decline Non-farm payrolls (Jul): pace of job losses slowing but still historically high The results of the regional manufacturing surveys have been mixed so far: the New York Empire index is approaching the expansion threshold and the Richmond Fed index has risen markedly and has now been in positive territory for three months in a row. The Chicago Fed indexMon, 03 Aug 2009 10:17:11 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-08-03.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-07-27.htmlDurable goods orders (June): declining due to transportation GDP (Q2): slower pace of decline Several housing related indicators have been showing some moderate improvement as of late. Building permits have started to recover, and (still high) inventories of unsold new homes have been reduced. Against this background, we expect new home sales to have picked up slightly in June. Sales could have improved from 342k to about 360k. However, the high level of inventories of new homes for sale, plusMon, 27 Jul 2009 12:43:21 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-07-27.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-07-20.htmlLeading indicators (June): steep yield curve signals recovery UMI consumer sentiment (final July): basically unchanged Leading indicators could have increased by about 0.4% mom in June. This was probably mainly due to the steep yield curve. The stock market performance, lower initial jobless claims and a slight increase in weekly working hours will also have had a positive effect. On the other hand, real money growth has been negative, primarily because of consumer price increases. Along withMon, 20 Jul 2009 10:00:57 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-07-20.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-07-13.htmlPPI & CPI (Jun): upward pressure from energy prices, but core inflation remains subdued Retail sales (Jun): rising mainly because of high gasoline prices First regional manufacturing indices (Jul): still indicating contraction Industrial production (Jun): capacity utilisation rate set to hit new historic low Housing starts and building permits (Jun): stabilising at very low levels The Congressional Budget Office (CBO) estimates that the budget statement will show a deficit of $97bn inMon, 13 Jul 2009 10:53:29 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-07-13.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-07-06.htmlISM non-manufacturing index (Jun): improving slightly but still in contraction zone Trade balance (May): higher deficit mainly due to rising energy prices UMI consumer sentiment (Jul): slight decline after four consecutive improvements The ISM non-manufacturing index only rose marginally from 43.7 to 44.0 in May, and important subcomponents like business activity and new orders actually declined. We thus forecast that the ISM non-manufacturing index will have only increased slightly again, toMon, 06 Jul 2009 09:49:46 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-07-06.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-06-29.htmlConsumer confidence (June): slight decline after rebound in April and May ISM manufacturing index (June): sixth consecutive increase Non-farm payrolls (June): pace of job losses slowing but still historically high Despite rapidly rising unemployment, the Conference Board’s consumer confidence rebounded in April and May, particularly due to expectations. However, confidence could have fallen in June: the June survey of the University of Michigan showed a slight deterioration in expectations,Mon, 29 Jun 2009 08:56:35 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-06-29.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-06-22.htmlDurable goods orders (May): setback due to the automobile sector FOMC statement: will attempt to abate rate rise speculation PCE core deflator (May): only a small increase UMI consumer sentiment (final June): possibly lower than the preliminary results Existing home sales rose by almost 3% mom in April, but the inventories-to-sales ratio (months supply) also went up to 10.2 months, indicating continued downward pressure on home prices. We predict that existing home sales will have increasedMon, 22 Jun 2009 10:24:01 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-06-22.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-06-15.htmlPPI & CPI (May): upward pressure on energy prices only Housing starts (May): NAHB index signals slight improvement Industrial production (May): automobile plant shutdowns lead to sharp drop Leading indicators (May): second marked increase in a row At –4.6, the New York Empire manufacturing index was only slightly negative in May. However, the manufacturing sector is still contracting, and, after having recovered significantly by 34 points in the last two months, we expect the New YorkMon, 15 Jun 2009 09:43:36 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-06-15.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-06-08.htmlTrade deficit (Apr): widening due to higher petroleum prices Retail sales (May): increasing mainly because of higher vehicle sales UMI consumer sentiment (Jun): first decline since February The depletion of inventories had the biggest negative impact on real GDP in Q1, contributing –2.3 percentage points to the growth rate of –5.7%. As inventory stocks move into better alignment with sales, firms should become more willing to increase production, as Mr. Bernanke commented recently. But atMon, 08 Jun 2009 10:06:39 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-06-08.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-06-01.htmlPCE core deflator (Apr): still close to the upper limit of the Fed’s comfort zone ISM indices (May): increasing but still indicating contraction Non-farm payrolls (May): another decline of more than half a million jobs Personal income is likely to have fallen by 0.3% mom again in April, as average hourly earnings only rose modestly and aggregate working hours declined by 0.6%. Given the decline in retail sales, we forecast that personal spending will have decreased by 0.2% mom in April. WeMon, 01 Jun 2009 07:05:34 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-06-01.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-05-25.htmlConsumer confidence indicators (May): still at low levels despite improvement Durable goods orders (Apr): stabilising after three very weak quarters   GDP (Q1 preliminary): upward revision due to inventories and net exports Despite the ongoing deterioration on the labour market, the Conference Board’s consumer confidence rose by 12.3 points to 39.2 in April. But the indicator remained very low compared to the University of Michigan’s (UMI) consumer sentiment, and we thus forecast thatMon, 25 May 2009 10:01:58 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-05-25.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-05-18.htmlFOMC minutes (29 Apr): adjusted projections for 2009 to 2011 Leading indicators (Apr): sharp rise mainly due to stock market recovery Philadelphia Fed index (May): still contracting, albeit at a slower rate The NAHB index of home builder confidence rose by five points to 14 in April. This was the biggest gain in five years, suggesting that the bottom of the housing depression could be near. We expect the NAHB index to improve again, albeit only slightly, to 15 in May. As the graph indicates,Mon, 18 May 2009 10:28:16 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-05-18.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-05-11.htmlRetail sales (Apr): remaining flat due to unemployment and wealth losses Inflation data (Apr): ongoing negative rates yoy NY Empire manufacturing index (May): falling back somewhat after sharp improvement Industrial production (Apr): less sharp decline UMI consumer sentiment (May prel.): rising further due to improved financial conditions In most years, the federal government has run a surplus in April because of the large inflow of tax payments, but this year the Congressional Budget OfficeMon, 11 May 2009 09:35:03 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-05-11.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-05-04.htmlISM non-manufacturing index (Apr): remaining well within the contraction zone Non-farm productivity (Q1): slight increase due to the massive drop in working hours Labour market report (Apr): unemployment rate keeps soaring Pending home sales increased by 2.1% mom in March, only partly recovering from the January plunge of 7.7%. But the National Association of Realtors expects that more buyers will be getting into the market to take advantage of the fiscal stimulus incentives, the drop inMon, 04 May 2009 08:32:17 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-05-04.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-04-27.htmlConsumer confidence (Mar): rising noticeably, albeit still at depressed level GDP (Q1): contracting less sharply due to net exports and private consumption FOMC: emphasis on ongoing need for credit easing measures PCE core deflator (Mar): annual rate remaining unchanged ISM manufacturing index (Apr): contracting more slowly again At 26.0, the Conference Board’s consumer confidence stabilised at a level close to its record low in March. Expectations improved slightly, whereas the currentMon, 27 Apr 2009 10:12:58 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-04-27.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-04-20.htmlExisting and new home sales (Mar): falling despite boost from foreclosures Durable goods orders (Mar): setback after defense-related surge Leading indicators are likely to have fallen again in March, but the rate of decline will probably have moderated slightly to –0.2% or –0.3% mom: building permits and the stock market will have had the biggest negative impact, followed by faster deliveries, the decrease in manufacturing working hours and the rise in jobless claims. Orders will have alsoMon, 20 Apr 2009 09:41:35 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-04-20.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-04-13.htmlRetail sales (Mar) : rising due to rebound in car sales First regional manufacturing indices (Apr): stabilizing, albeit still showing contraction Industrial production (Mar): ongoing marked deterioration Housing starts (Mar): falling back after surprisingly sharp increase UMI consumer sent (Apr): unlikely to have risen again due to rapid increase in unemployment Producer prices rose by a moderate 0.1% mom in February, after a sharp increase of 0.8% mom in January. March PPI could have remainedMon, 13 Apr 2009 06:17:54 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-04-13.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-04-06.htmlImport prices (Mar): set to rise for the first time since July 2008 due to higher oil prices Consumer credit could have fallen by a mere $1bn in February, as the decline in retail sales was not as steep as expected. From September to January, wholesale inventories decreased for five consecutive months, by a total of 4.1%. However, wholesale sales dropped by a whopping 18% in the same period. This, and the ongoing decline in the ISM inventories component, indicate that the inventory correctionMon, 06 Apr 2009 08:58:08 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-04-06.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-03-30.htmlConsumer confidence (Mar): slight rebound after record plunge Labour market (Mar): non-farm payrolls could have declined even more markedly Consumer confidence plunged from 37.4 to a record low of 25.0 in February, with expectations deteriorating more than the current assessment. The drop was even sharper than indicated by the decrease in the University of Michigan’s (UMI) consumer sentiment, because the deterioration in the labour market carries more weight in the Conference Board’s survey.Mon, 30 Mar 2009 09:44:22 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-03-30.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-03-23.htmlGDP (Q4 final): second downward revision PCE core deflator (Feb): annual rate only temporarily higher The median price for existing homes fell by almost 15% yoy in January, thus improving the affordability for potential buyers. However, the significant deterioration on the labour market and the risk of further price declines due to the vast supply are acting as a counterbalance. We thus expect existing home sales to have continued falling to about 4.40m in February, especially as pending homeMon, 23 Mar 2009 09:50:52 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-03-23.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-03-16.htmlIndustrial production (February): dropping significantly again Inflation data (February): PPI and CPI up somewhat on higher gasoline prices Leading indicators (February): sharp setback after two consecutive increases The New York Empire manufacturing index, established in July 2001, fell to a record low in January, and the Philadelphia Fed index plunged by 17 points to its lowest level since 1990. After the rapid declines, some improvement is feasible. But we only forecast a slightMon, 16 Mar 2009 10:25:18 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-03-16.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-03-09.htmlTrade balance (March): slight decline in nominal terms UMI consumer sentiment (March): no rebound after sharp decrease in February The budget deficit is expected to have amounted to $205bn in February, about $30bn higher than the previous year. The deficit for this fiscal year so far would then be $775bn, compared to $89bn in the same period last year. The Obama administration recently announced that the deficit for the current fiscal year could to rise to $1750bn, due to the recession and theMon, 09 Mar 2009 09:56:10 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-03-09.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-03-02.v02.htmlISM indices (February): declining after temporary stabilisation Factory orders (January): sixth sharp decrease in a row Labour market (February): unemployment rate could reach 8% Personal income is expected to have fallen by 0.3% mom in January, as the sharp decline in payrolls could have more than compensated for the increase in average hourly earnings, and investment income is likely to have decreased too. After six consecutive declines, personal spending may have gone up by about 0.5% momMon, 02 Mar 2009 10:03:17 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-03-02.v02.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-02-23.htmlDurable goods orders (Jan): sixth decline in a row GDP (Q4 preliminary): sharp downward revision due to net exports and inventories Whereas the UMI consumer sentiment improved temporarily in December and January, the Conference Board’s Consumer Confidence Index dropped further to a new record low of 37.7. This was because the latter is particularly sensitive to labour market developments. As there were almost 600,000 job losses in January, consumer confidence is likely to have continuedMon, 23 Feb 2009 10:10:14 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-02-23.htmlhttp://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-02-16.htmlFirst regional manufacturing indices (Feb): down again Inflation data (Jan): annual rates in negative territory Housing starts (Jan): record low NAHB index signals another decline Industrial production (Jan): sharp fall due to high inventories and plummeting car production The New York Empire manufacturing index rose by 5.7 points to –22.2 in January – the highest level since September. However, the stabilisation might only have been temporary, as the forecast for general business activity inMon, 16 Feb 2009 10:12:45 GMThttp://www.fxstreet.com/fundamental/economic-calendar/corp-comm@bhf-bank.com (BHF-Bank)http://www.fxstreet.com/fundamental/economic-calendar/us-economic-indicators/2009-02-16.html