This Week Focus Point 27-01 June/July 2022 Consumer confidence and personal consumption expenditures are two upcoming US data sets that could demonstrate how the US economy is reacting to the Fed’s rapid tightening. The stock market is also anticipated to have its worst first half of the year since the late 1990s. The ECB’s forum on central banking, which will …
New York Session Heads Up June 23 2022 EU’s Top Economies Slow Significantly As Manufacturing Cools UK Economy ‘Running On Empty’ As Recession Signals Mount UK Consumer Spending Softens, Job Ads Fall In Past Week British Parliament To Debate NI Protocol Bill On Monday Norway Central Bank Makes Largest Rate Hike In 20 Years Leaping Debt Costs Add To UK …
Fed to lift rates by 75 basis points in July. The Federal Reserve will deliver another 75-basis-point interest rate hike in July, followed by a half-percentage-point rise in September, and won’t scale back to quarter-percentage-point moves until November at the earliest, according to economists polled by Reuters. Last week the Fed hiked the federal funds rate by three-quarters of a …
New York Session Heads Up June 22 2022 Citigroup Economists See Chance Of Global Recession Nearing 50% Biden To Call On Congress Wednesday To Pass A Gas Tax Holiday White House Economist Remains Optimistic US Can Avoid Recession ECB’s De Guindos: Council Yet To Discuss Details Of The Anti-Fragmentation Tool ECB’s Villeroy: France Should Escape Recession This Year UK Inflation …
New York Session Heads Up June 21 2022 No Biden Move On Chinese Tariffs Likely Before G7 Meeting Goldman Warns US Recession Risk Now Higher And More Front-Loaded Deutsche Bank CEO: Likelihood Of A Recession In Europe, US Quite High ECB’s Kazimir: See’s Technical Recession In Some Eurozone Nations ECB’s Rehn: Inflation Surge Justifies Speedy ECB Normalisation Euro Zone Current …
New York Session Heads Up June 20 2022 Fed’s Waller Supports 0.75-Percentage-Point Rate Hike In July ECB’s Stournaras: Monetary Policy Can Afford To Be Gradual ECB’s Kazaks: Will Act With ‘Cool Head’ On Market Volatility ECB’s Centeno: ECB Committed To Act On Fragmentation Risks German Producer Prices Rise At Record Speed In May 33.6% Y/Y BoJ’s Kuroda After Seeing PM: …
This Week Focus Point 20-24 June 2022 Following last week’s stock market sell-off, investors in the United States will be watching numerous Fed officials’ statements, including Fed Chair Powell’s testimony before the Senate Banking Committee and the House Financial Services Committee. In addition, flash PMI surveys for the United States, the United Kingdom, the Eurozone, Japan, and Australia will be …
New York Session Heads Up June 16 2022 SNB Expectedly Raises Interest Rates By 50bps To -0.25% BoE Lifts Rates An In Line 25bps To 1.25% ECB’s Villeroy Backs Gradual, Sustained Rate Hikes Italy CPI EU Norm (Y/Y) May F: 7.3% (prev 6.3%) Dow Futures Slump Over 500 Points As Post-Fed Meeting Gains Evaporate Russian Chief Negotiator: Ready For Peace …
New York Session Heads Up June 15 2022 UK PM Tells Cabinet To ‘De-Escalate’ Protocol Stand-Off With Brussels Ifo: Less Growth, More Inflation For German Economy In 2022 Germany’s IfW Raises 2022 Inflation Forecast To 7.4% From 5.8% Biden Demands Oil Companies Explain Lack Of Gasoline As Prices Rise IEA: Global Oil Demand Set To Rise 2% To New High …
New York Session Heads Up June 14 2022 Fed Likely To Consider 0.75-Percentage-Point Rate Rise This Week – WSJ JPMorgan Economists Now See Fed Hiking 75 Basis Points This Week ECB’s Knot: Options For September Are Not Limited To 50 Basis Points German Investor Pessimism Eases On Hopes Economy Won’t Worsen UK Jobless Rate Edges Up As People Return To …
News