Lunes 15/01/24 Día de Martin Luther King

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Lunes

Eventos económicos


Martin Luther King Jr. holiday, none scheduled
TUESDAY, JAN. 16
8:30 am Empire State manufacturing survey Jan. -4.0 -14.5
11:00 am Fed Gov. Christopher Waller speaks
WEDNESDAY, JAN. 17
8:30 am Import price index Dec. -0.6% -0.4%
8:30 am Import price index minus fuel Dec. -- 0.2%
8:30 am U.S. retail sales Dec. 0.4% 0.3%
8:30 am Retail sales minus autos Dec. 0.2% 0.2%
9:00 am Fed Vice Chair for Supervision Michael Barr speaks
9:00 am Fed Gov. Michelle Bowman speaks
9:15 am Industrial production Dec. -0.1% 0.2%
9:15 am Capacity utilization Dec. 78.6% 78.8%
9:15 am Business inventories Nov. -0.1% 0.2%
2:00 pm Fed Beige Book
3:00 pm New York Fed President John Williams delivers opening remarks
THURSDAY, JAN. 18
7:30 am Atlanta Fed President Raphael Bostic speaks
8:30 am Initial jobless claims Jan. 13 202,000
8:30 am Philadelphia Fed manufacturing survey Jan. -8.0 -10.5
8:30 am Housing starts Dec. 1.43 million 1.56 million
8:30 am Building permits Dec. 1.48 million 1.46 million
12:05 pm Atlanta Fed President Raphael Bostic speaks
FRIDAY, JAN. 19
10:00 am Consumer sentiment (prelim) Jan. 69.7 69.7
10:00 am Existing home sales Dec. 3.83 million 3.82 million
1:00 pm Fed Vice Chair for Supervision Michael Barr speaks
4:15 pm San Francisco Fed President Mary Daly speaks

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LAST CHG %CHG
Crude Oil Futures 72.43 -0.25 -0.34
Brent Crude Futures 78.10 -0.19 -0.24
Gold Futures 2054.80 3.20 0.16
Silver Futures 23.395 0.066 0.28
DJIA Futures 37775 -17 -0.04
S&P 500 Futures 4811

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LAST CHG %CHG
Crude Oil Futures 71.62 -1.06 -1.46
Brent Crude Futures 77.28 -1.01 -1.29
Gold Futures 2057.60 6.00 0.29
Silver Futures 23.355 0.026 0.11
DJIA Futures 37717 -75 -0.20
S&P 500 Futures 4807.

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Possible there will be no rate cuts this year, European Central Bank member says
PUBLISHED MON, JAN 15 20247:48 AM ESTUPDATED 9 MIN AGO
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Jenni Reid
The European Central Bank may defy market expectations and hold off on starting interest rate cuts during the whole of 2024, the institution’s Governing Council member Robert Holzmann said Monday.
Asked about those who call for the first rate cut to take place as soon as April, Austria’s central bank governor told CNBC, “I’m afraid, leaving Davos, those people will be deeply disappointed.”
Speaking to CNBC’s Steve Sedgwick at the World Economic Forum in Davos, Switzerland, he added, “I cannot imagine that we’ll talk about cuts yet, because we should not talk about it. Everything we have seen in recent weeks points in the opposite direction, so I may even foresee no cut at all this year.”
Robert Holzmann, governor of Austria's central bank, speaks during an event in Vienna, Austria, on Tuesday, Sept. 26, 2023.
Robert Holzmann, governor of Austria’s central bank, speaks during an event in Vienna, Austria, on Tuesday, Sept. 26, 2023.
Bloomberg | Bloomberg | Getty Images
The European Central Bank may defy market expectations and hold off on starting interest rate cuts during the whole of 2024, the institution’s Governing Council member Robert Holzmann said Monday.

Asked about those who call for the first rate cut to take place as soon as April, Austria’s central bank governor told CNBC, “I’m afraid, leaving Davos, those people will be deeply disappointed.”


Speaking to CNBC’s Steve Sedgwick at the World Economic Forum in Davos, Switzerland, he added, “I cannot imagine that we’ll talk about cuts yet, because we should not talk about it. Everything we have seen in recent weeks points in the opposite direction, so I may even foresee no cut at all this year.”

Headline inflation in the euro zone rose to 2.9% in December, up from 2.4% the previous month, largely on the back of energy prices. The ECB targets inflation at 2%.

“Unless we see a clear decline towards 2%, we won’t be able to make any announcement at all when we’re going to cut,” Holzmann said.

Holzmann was ranked as one of the most hawkish Governing Council members in a recent survey by InTouch Capital Markets.

He also flagged the “overlying problem” of geopolitical changes in the Middle East, as the Israel-Hamas war continues and tensions expand to include Lebanon’s Hezbollah and Yemen’s Houthis.

“Prices on a day-to-day basis may increase, but it may also risk to change the way we do business, structural changes, which take longer, but which also have the danger of price changes in the future. If both come together, our current outlook [for] December will deteriorate, and it will take much longer to bring prices down,” Holzmann said.