New York Session Heads Up August 1 2022
- Euro Zone Factory Activity Contracted In July As Recession Fears Grow
- German Retail Sales Post Biggest Year-On-Year Slump Since 1994
- UK Inflation Expectations Fall Again As BoE Nears Rates Decision
- Kashkari Says Fed Committed To Slowing Inflation To 2% Goal
- Nancy Pelosi Begins Closely-Watched Asia Tour In Singapore
- Dollar Struggles At 6-Week Lows Vs Yen As Markets Ramp Up Recession Bets
- Bitcoin Briefly Tops $24,000 In Post-Fed Rally, Notches Best Month Since October
- Oil Prices Slip Ahead Of OPEC+ Meeting, Gold Near 3 Week High
- Italian Bond Yields Fall After Meloni Eases Concerns On EU Rules
- Stock Futures Fall To Start Aug Trading With Market Coming Off Best Month Since 2020
- HSBC Rebuffs Ping An Call For Break-Up, Arguing It Would Be Costly
- Alibaba To ‘Strive’ To Keep New York Listing Despite Addition To Sec Watchlist
- Caixin: China’s Manufacturing Recovery Slows, Caixin PMI Shows
- Oil Declines As China Slowdown Spurs Concern Over Demand Outlook – BBG
- Oil Prices Slip Ahead Of OPEC+ Meeting – CNBC
- OPEC+ To Reveal Whether Biden Succeeds In Quest For More Oil – BBG
- Russia Increased Oil And Gas Condensate Output By 2% M/M In July – BR
- Gold Hovers Near 3-Week High On Softer Dollar, Yields – CNBC
- Fed’s Kashkari: Fed Committed To Slowing Inflation To 2% Goal
- Biden’s Covid ‘Rebound’ Case Keeps Him At White House Again
- House Speaker Pelosi Begins Asia Tour, No Mention Of Taiwan
- Midterm Misery For Biden As Vital Gauge Signals 30-Seat Loss
- China’s Rebound Remains Fragile As Factories, Property Slump
- China July Home Sales Plunge, Mortgage Revolt Deters Buyers
- Japan’s Factory Activity Growth Slows As New Orders Contract
- Australia’s Aggressive Policy Tightening To Weigh On Economy
- Goldman Signals 25% Australia Recession Odds, 30-35% In NZ
- BoE Set To Consider Biggest Rate Rise For More Than 25 Years
- UK’s Sunak Vows 20% Cut To Income Tax Within Seven Years
- Lufthansa Faces More Turmoil As Pilots Back Possible Strikes
Economic Data
- German Retail Sales M/M Jun: -1.6% (est 0.3%, prevR 1.2%)
- Eurozone Unemployment Rate Jun: 6.6% (est 6.6%; prev 6.6%)
- S&P Global Eurozone Manufacturing PMI Jul F: 49.8 (est 49.6; prev 49.6)
- S&P Global/BME Germany Manufacturing PMI Jul F: 49.3 (est 49.2; prev 49.2)
- S&P Global/CIPS UK Manufacturing PMI Jul F: 52.1 (est 52.2; prev 52.2)
- S&P Global France Manufacturing PMI Jul F: 49.5 (est 49.6; prev 49.6)
- S&P Global Italy Manufacturing PMI Jul: 48.5 (est 49.0; prev 50.9)
- S&P Global Spain Manufacturing PMI Jul: 48.7 (est 50.0; prev 52.6)
- S&P Global Poland Manufacturing PMI Jul: 42.1 (est 43.2; prev 44.4)
- S&P Global Russian Manufacturing PMI Jul: 50.3 (est 51, prev 50.9)
- S&P Global/ICI Turkey Manufacturing PMI Jul: 46.9 (prev 48.1)
- S&P Global/Nevi Netherlands Manufacturing PMI Jul: 54.5 (est 53.0; prev 55.9)
- Chinese Caixin Manufacturing PMI Jul: 50.4 (exp 51.5; prev 51.7)
- Japanese Jibun Bank Manufacturing PMI Jul F: 52.1 (prev 52.2)
- South Korean S&P Global Manufacturing PMI Jul: 49.8 (prev 51.3)
- South Korean Exports (Y/Y) Jul: 9.4% (exp 10.0%; R prev 5.2%)
- Australian AiG Manufacturing Index Jul: 52.5 (prev 54.0)
- Australian S&P Global Manufacturing PMI Jul F: 55.7 (prev 55.7)
- Australian ANZ Job Advertisements (M/M) Jul: -1.1% (R prev 0.4%)
- Australian Melbourne Institute Inflation (M/M) Jul: 1.2% (prev 0.3%)
- New Zealand Building Permits (M/M) Jun: -2.3% (prev -0.5%)