New York Session Heads Up July 27 2022
- Fed Set To Raise Rates By Another 75bps Later Today
- Biden Will Speak To Xi On Thursday As US-China Ties Worsen
- Goldman Sees Euro-Area Recession In Second Half Of This Year
- JPMorgan Forecasts Euro Zone Recession As Gas Crisis Looms
- Euro Zone Business Lending Unexpectedly Surges In June
- Italy Business & Consumer Confidence Morale Fall In July
- UK Retailers Report Prices Rising At Sharpest Pace Since 2005
- Australia Headline Prices Miss Forecast, Easing Rate-Hike Bets
- China’s Overnight Repo Rate Falls Below 1%, First Since Jan 2021
- US Treasury Yields Are Flat Ahead Of Key Fed Decision
- US Dollar Softens Before Looming Federal Reserve Hike
- Oil Rises On US Inventory Drop, Russian Gas Cuts
- Europe Energy Prices Keep Soaring As Russia Tightens Supply
- Microsoft & Alphabet Earnings Soothe Markets Ahead Of Fed Decision
- Rio Dividend Shrinks As Dark Clouds Gather For Mining Giants
- Deutsche Bank Extends Profit Streak In Q2 But Warns On Economy
- Credit Suisse Tries a New CEO After $1.7 Billion Loss
- Australia Headline Prices Miss Forecast, Easing Rate-Hike Bets
- Biden Will Speak To Xi On Thursday As US-China Ties Worsen
- Italy Outlook Revised To Stable From Positive By S&P
- Spain Slashes 2023 Growth As Inflation Weighs On Economy
- UK Retailers Report Prices Rising At Sharpest Pace Since 2005
- Asian Currencies Weaken As Markets Remain Cautious Ahead Of Fed
- China’s Overnight Repo Rate Falls Below 1% For First Time Since Jan 2021
- Oil Steady As Demand Concerns Offset U.S. Crude Stock Drawdown
- Asian Stocks Follow Wall Street Ahead Of Likely US Rate Hike
- Microsoft Posts Slowest Sales Growth Since 2020 On Strong Dollar
- Google Parent Alphabet’s Small Sales Miss Eases Recession Worries
Economic Data
- US MBA Mortgage Applications Jul 22: -1.8% (prev -6.3%)
- Eurozone M3 Money Supply (Y/Y) Jun: 5.7% (est 5.4%; prev 5.6%; prevR 5.8%)
- German GfK Consumer Confidence Aug: -30.6 (est -28.9; prev -27.4; prevR -27.7)
- French Consumer Confidence Jul: 80 (est 80; prev 82)
- Italy Consumer Confidence Index Jul: 94.8 (est 96.6; prev 98.3)
- Italy Manufacturing Confidence Jul: 106.7 (est 108.0; prev 110.0; prevR 109.5)
- Italy Hourly Wages (Y/Y) Jun: 1% (prev 0.7%)
- Swiss Credit Suisse Survey Expectations Jul: -57.2 (prev -72.7)
- Sweden Trade Balance Jun: 3.1B (prev -1.9B)
- Sweden Household Lending (Y/Y) Jun: 6.2% (prev 6.5%)
- Australia CPI Q/Q Q2: 1.8% (est 1.9%, prev 2.1%)
- Australia CPI Y/Y Q2: 6.1% (est 6.3%, prev 5.1%)