New York Session Heads Up October 13 2022

New York Session Heads Up October 13 2022

• September Inflation Report Could Give Clues On Next Fed Steps
• Fed’s Bowman: More Big Hikes On Table If Inflation Will Not Cool
• Voters Prefer Republicans Over Democrats In Competitive Districts
• OPEC+ Cuts Risk Oil-Price Spike And World Recession, IEA Warns
• ECB’s Wunsch: Wouldn’t Be A Surprise If The ECB Hikes Above 3%
• UK Minister Refuses To Rule Out Another Corporation Tax U-Turn
• Friday Deadline for BOE Aid Looms as Kwarteng Scapegoats Bailey
• UK Bonds Rebound As Traders Say There’s ‘Too Much Fear Built In’
• Sterling Awaits For The BoE Deadline, Fragile Yen Tests 1998 Low
• US Equity Futures Edge Higher As Investors Await Inflation Data
• Fed Officials Are Worried About The Risks Of Doing Too Little On Inflation
• ECB Closing In On Rule Change To Shave Banking Profits
• Japan Materials Inflation Strengthens As Weak Yen Fuels Prices
• Bank of America CEO: US Consumers Still In Good Financial Health
• Emerging-Market Debt Breaches 250% Of GDP, Making It G-20 Focus
• Taiwan Urges Calm On TSMC, Downplays Impact of Biden Chip Rules
• Dollar Near Two-Week High Thursday Before Key Inflation Data
• Bond Trader Inflation Expectations Edge Up Focus Turn To CPI
• Hedge Funds Build Big Short Position In Belly Of Treasury Curve
• Australian Pension Fund With $94 Billion Sees More Credit Stress
• Oil Halts Tumble As Slowdown Concerns Offset OPEC Supply Cuts
• US Officials Fear Russia Oil Cap Risks Failing After OPEC+ Cut
• Saudi Arabia Rejects Statements Critical Of OPEC+ Oil Cut
• Crypto Hackers Set For Record Year After Looting Over $3 Billion
• APAC Markets Moves Little In Anticipation Of U.S. Inflation Data
• Applied Materials Cuts Forecast, Blaming Export Curbs to China
• Toshiba Surges After Report On Possible Price Of Buyout Deal
• TSMC Gets 1-Year U.S. License For China Chip Expansion – Nikkei

 

Economic Data

• German CPI (Y/Y) Sep F: 10.0% (est 10.0%; prev 10.0%)
• German CPI EU Harmonised (Y/Y) Sep F: 10.9% (est 10.9%; prev 10.9%)
• Japan PPI Y/Y Sep: 9.7% (est 8.9%, prev 9.0%)
• Japan PPI M./M Sep: 0.7% (est 0.3%, prev 0.2%)

 

Crypto

• Bitcoin Becoming Less Volatile Than Stocks Raises Warning Flag – BBG
• PBoC China’s Digital Currency Passes 100 Bln Yuan In Spending – RTRS
• Crypto Hackers Set For Record Year After Looting Over $3 Billion – BBG