CPI outlook 12.06.24
June 12, 2024 Today is a big day for macro data! As already written in the weekly outlook a bit, we have US CPI hitting at 8:30 am EST. Here, we look a bit into more detail about what is expected and what hints we can take away from other data + possible trading plays. […]
Weekly market outlook for 11.06.24 – 14.06.24
June 11, 2024 Another week, another blast in the market! Short Summary of What Happened Last Week: Strong NFP: We got a strong headline reading on the NFP report last Friday at 272k vs. 185k expected.Strong Wages: We got stronger wage data on the NFP report at 0.4% MoM vs. 0.3% expected.Upticking US Unemployment: Came […]
Daily market outlook 07.06.24
June 7, 2024 Macro Data IT’S NFP DAY! We also have Canadian labor data on the docket – same release time as NFP at 8:30 am EST. Business as usual! CAD Labor Data: Unemployment is on the rise in Canada, and that’s nothing new here. The first uptick from the lows at 5.0% happened in […]
Daily market outlook 06.06.24
June 6, 2024 Macro Data Today, Thursday, June 6, we have a couple of important macro data points coming up. First, we get the ECB rate decision at 8:15 am EST, followed by the weekly US jobless claims and unit labor cost at 8:30 am EST. The ECB press conference with Lagarde is then 15 […]
Half-Weekly market outlook 03.06.24 – 05.06.24
June 3, 2024 Macro Data Today – Monday – we already had HCOB manufacturing PMIs from Europe for May on the macro data front – all of them not really world-changing and on the soft side. Here’s the overview: Spain: 54 vs 52.5 ex vs 52.2 lastItaly: 45.6 vs 48 ex vs 47.3 lastFrance: 46.4 […]
Weekly market outlook for 13.05.24 – 17.05.24
May 13, 2024 Macro Data How do you feel on a regular Monday? Sleepy? Tired? Me too…This time around, the calendar feels the same way, and we don’t have any meaningful macro data releases today, besides speeches from Fed members Jefferson and Mester later during the US session. Tuesday is going to be a notch […]
Weekly market outlook for 06.05.24 – 10.05.24
May 6, 2024 Monday kicked off with April HCOB PMIs for Europe, which came in slightly higher on average.Spanish services 56.2 vs 56 ex vs 56.1 lastItalian services 54.3 vs 54.7 ex vs 54.6 lastFrench composite 50.5 vs 49.9 ex vs 49.9 lastFrench services 51.3 vs 50.5 ex vs 50.5 lastGerman composite 50.6 vs 50.5 […]