¡Desconecta con la aplicación Player FM !
Macro Mondays | LIVE | Broken Europe? The German Economic Data says "Yes" | 23|09|24
Manage episode 441426222 series 2660211
Last week, the Federal Reserve announced a hawkish 50bp cut, with Jerome Powell stating the US economy is strong after data beat expectations. Meanwhile, the unemployment rate surpassed the 36-month average - reaching levels previously seen during economic recession - and US home sales fell to their second-lowest level in 14 years.
In Europe, the German economic data is looking woeful and continues to fall, with chances of a technical recession increasing. Poland, however, is seeing strength as GDP per capita soars. In Asia, China's Tier-1 City Property Index is 28% off its highs, and Singapore and Taiwan's electronic exports are surging.
S&P and gold are at all-time highs. Brodie and Todd also discuss bearish diesel, AUDNZD yields, USDJPY, and more.
Key data releases this week:
Monday- U.S. flash PMIs
Tuesday - U.S. consumer confidence, RBA rate decision
Thursday - Core PCE inflation
Friday - BOJ rate decision, UK & Cad retail sales
190 episodios
Manage episode 441426222 series 2660211
Last week, the Federal Reserve announced a hawkish 50bp cut, with Jerome Powell stating the US economy is strong after data beat expectations. Meanwhile, the unemployment rate surpassed the 36-month average - reaching levels previously seen during economic recession - and US home sales fell to their second-lowest level in 14 years.
In Europe, the German economic data is looking woeful and continues to fall, with chances of a technical recession increasing. Poland, however, is seeing strength as GDP per capita soars. In Asia, China's Tier-1 City Property Index is 28% off its highs, and Singapore and Taiwan's electronic exports are surging.
S&P and gold are at all-time highs. Brodie and Todd also discuss bearish diesel, AUDNZD yields, USDJPY, and more.
Key data releases this week:
Monday- U.S. flash PMIs
Tuesday - U.S. consumer confidence, RBA rate decision
Thursday - Core PCE inflation
Friday - BOJ rate decision, UK & Cad retail sales
190 episodios
Kaikki jaksot
×Bienvenido a Player FM!
Player FM está escaneando la web en busca de podcasts de alta calidad para que los disfrutes en este momento. Es la mejor aplicación de podcast y funciona en Android, iPhone y la web. Regístrate para sincronizar suscripciones a través de dispositivos.