New York Session Heads Up October 11 2022
- Fed’s Brainard: Rates To Stay Restrictive, But Attentive To Risks
- Goldman Sachs Warn It’s Too Early To Price In A Fed Policy Pivot
- US Admin Scrambles To Get More People Boosted Before Winter
- Third-Largest Rail Union Rejects Deal, Renews Possibility Of Strike
- ECB Window For Big Rate Hikes Narrows With Recession Nearing
- German Government Expects A Significant Drop In Inflation In 23
- Italian Industrial Production Posts A Surprise Jump In August
- Bank Of England Wades Into UK’s Inflation-Linked Bond Market
- UK Labour Market Exodus Drives The Jobless Rate Down To 3.5%
- Kremlin War Hawks Demand More Devastating Strikes On Ukraine
- Dollar Edges Up, Yen Slips Near Level That Prompted Intervention
- Oil Falls More Than 2% On Recession And China COVID Fears
- US Stock Futures Fall After The Nasdaq Closes At A 2-Year Low
- Two Fed Officials Make Case For Caution With Future Interest Rate Raises
- ‘Fragile Liquidity’ In Bond Market Could Threaten Fed’s QT Plans
- Kwarteng Warned He Faces £60bn Bill To Stabilise UK Finances
- China Must Stick With Covid Zero Policy, People’s Daily Says
- China May Cut Reserve Ratio In Q4 To Keep Liquidity Ample – Daily
- Australia To Avoid Recession Even As World Slows, Treasurer Says
- Australia Business Activity Booms In Sept As Demand Stays Hot
- Australia Household Spending Intentions Fall As Rate Hikes Bite
- Australian Consumer Sentiment ‘Deeply Pessimistic,’ Westpac Says
- Kishida Backs Bank Of Japan’s Ultra-Loose Policy Despite Yen Plunge
- Japan Logs August Smallest-Ever CA Surplus As Import Prices Surge
- Hong Kong Jan-Sept New Home Sales Sink To 8 Year Low – Sing Tao
- US Dollar Gains Tuesday, Japanese Yen Flirts With Intervention Levels
- Global Yields Spike Tuesday As Selling Fever Spreads From UK Gilts
- Berlin Has No Plans To Support Joint EU Debt For Loans – Source
- Foreign Funds Dumped Record Amount Of Japan Bonds In September
- Oil Rally Stalls As Recession Fears Curb OPEC-Driven Momentum
- Iraq Can’t Afford OPEC-Mandated Oil Production Cut, Senior Leader Says
- Yellen To Redouble Efforts To Advance Russian Oil Price Cap
- IAEA Report: Iran Racing To Expand Enrichment At Underground Plant
- Chip Stocks Fall In Asia As Japan, Korea, Taiwan Traders Return
- PC Shipments Plunge Nearly 20%, Steepest Drop In More Than 20YRS
Economic Data
- UK ILO Unemployment Rate 3M Aug: 3.5% (est 3.6%; prev 3.6%)
- UK Employment Change (3M/3M) Aug: -109K (est -160K; prev 40K)
- UK Average Weekly Earnings 3M (Y/Y) Aug: 6.0% (est 5.9%; prev 5.5%)
- Italian Industrial Production (M/M) Aug: 2.3% (est -0.1%; prevR 0.5%)
- Japan BoP Current Account Balance Aug: ¥58.9Bln (est ¥-56.7Bln, prev ¥229Bln)
- Australia CBA Household Spending M/M Sep: -0.5% (prevR 0.9%)
- Australia CBA Household Spending Y/Y Sep: 14.1% (prev 15.1%)
- Australia Westpac Consumer Conf SA M/M Oct: -0.9% (prev 3.9%)
- Australia Westpac Consumer Conf Index Oct: 83.7 (prev 84.4)
- Australia NAB Business Conditions Sep: 25 (prevR 22)
- Australia NAB Business Confidence Sep: 5 (prev 10)
- UK BRC Sales Like-For-Like Y/Y Sep: 1.8% (prev 0.5%)