View:
May 16, 2024
U.S. April Industrial Production - Underlying picture looks flat
May 16, 2024 1:31 PM UTC
April industrial production was unchanged with a downward revision to March offset by an upward revision to February. Manufacturing was weak at -0.3% though outside a negative correction in autos the drop was only 0.1%, leaving a fairly flat underlying picture.
May 15, 2024
Eurozone: Consumers - Still Missing?
May 15, 2024 10:34 AM UTC
Revised national account data confirmed the upside surprise in the preliminary data with EZ GDP rising 0.3% q/q. The question is whether this emergence from the modest H2 2023 recession is the start of more sustained momentum. We think not, mainly due to what are still weak consumer fundamentals
May 14, 2024
May 13, 2024
May 10, 2024
U.S. May Michigan CSI - Lowest since November, inflation expectations highest since November
May 10, 2024 2:12 PM UTC
May’s preliminary Michigan CSI of 67.4 from 77.2 is the weakest since November 2023 and hints at a loss of momentum in the economy, but with higher inflation expectations, the 1-year view up significantly to 3.5% from 3.2% and the 5-10 year view up marginally to 3.1% from 3.0%.
May 09, 2024
Mexico CPI Review: 0.2% Growth in April
May 9, 2024 6:11 PM UTC
April's CPI data, despite a 0.2% m/m growth, reveals a significant y/y uptick to 4.6% from March's 4.4%, challenging norms due to electricity tariff adjustments. Core CPI maintained stability with a 0.2% increase, while Core Goods CPI rose by 0.3% and Services CPI by 0.1%, accumulating a 5.2% y/y gr
May 08, 2024
May 07, 2024
May 03, 2024
May 02, 2024
May 01, 2024
April 30, 2024
April 29, 2024
April 26, 2024
April 25, 2024
BoJ's Intervention and its impact
April 25, 2024 6:24 AM UTC
In the period of time when JPY significantly weakens or strengthens, BoJ will intervene in the FX market either through verbal or actual intervention. As JPY weakened significantly in the past months, once again we found ourselves in the proximity of FX intervention with unknowns for anonymity is ke