Sour Risk Sentiment and China Eases COVID-19 Restrictions
Market movers today Today we get German industrial production data for October. Consensus is looking […]
Dollar Recently Traded in Defensive and Still Looks Vulnerable to Bad Eco News
Markets In the absence of important eco data, the new China Corona outbreaks and central […]
The Big Picture – Recession with Different Undercurrents
Highlights: Various shocks challenge the global economy, with different undercurrents driving the economic outlook across […]
Weekly Focus – Euro Inflation Key to Zize of Next ECB Hike
Flash PMI’s for November turned out to be a mixed bag. US data disappointed as […]
Brighter Business Sentiment in Germany
Germany’s Ifo Business Climate Index improved in November, strengthening from 84.5 to 86.3 (85.0 was […]
Germany Ifo rose to 86.3, recession could prove less severe than expected
Germany Ifo Business Climate rose from 84.5 to 86.3 in November, above expectation of 85.0. […]
Fed Minutes Quantified Probability of Recession, Giving Almost 50-50 Chance
Markets Core bonds rallied yesterday. US Treasuries vastly outperformed Bunds, catching a bid from economic […]
Bundesbank: Inflation rate in double digits beyond turn of the year
In the monthly report, Bundesbank said “all in all, despite the higher than expected economic […]
Germany PMI composite rose to 46.6, contraction maybe shallower than first feared
Germany PMI Manufacturing improved from 45.1 o 46.7 in November. PMI Services dropped from 46.5 […]
German ZEW rose sharply to -36.7, related to hope that inflation will fall soon
Germany ZEW Economic Sentiment rose from -59.2 to -36.7 in November, much better than expectation […]
Weakening of Yen for Now Apparently Isn’t a Support for Japanese Economy
Markets Yesterday was the first day of what we fear will be a November lull. […]
Germany Gfk consumer sentiment rose slightly to -40.2, but situation remains tense
Germany Gfk Consumer Sentiment for December rose slightly from -41.9 to -40.2, better than expectation […]