Chief Economist Scott Brown discusses the latest market data.
Next week, the economic calendar picks up. The Federal Open Market Committee (FOMC) is expected to leave monetary policy unchanged. Officials won’t release revised economic projections until the mid-September FOMC meeting, but Chair Powell will provide an assessment of current economic conditions in his post-meeting press conference. Real GDP is expected to have fallen at a 30-35% annual rate in the advance estimate for 2Q20. This release will include annual benchmark revisions covering the last five years (no changes in methodology).
Indices
Last |
Last Week |
YTD return % |
|
---|---|---|---|
DJIA |
26652.33 |
26734.71 |
-6.61% |
NASDAQ |
10461.42 |
10473.83 |
16.59% |
S&P 500 |
3235.66 |
3215.57 |
0.15% |
MSCI EAFE |
1875.42 |
1852.56 |
-7.93% |
Russell 2000 |
1490.20 |
1467.56 |
-10.68% |
Consumer Money Rates
Last |
1 year ago |
|
---|---|---|
Prime Rate |
3.25 |
5.50 |
Fed Funds |
0.00 |
2.40 |
30-year mortgage |
2.87 |
3.88 |
Currencies
Last |
1 year ago |
|
---|---|---|
Dollars per British Pound |
1.2761 |
1.248 |
Dollars per Euro |
1.1596 |
1.114 |
Japanese Yen per Dollar |
106.86 |
108.19 |
Canadian Dollars per Dollar |
1.341 |
1.314 |
Mexican Peso per Dollar |
22.518 |
19.022 |