Neueste Heute 02.06.2024 01.06.2024
Key Events This Week: Jobs, Jolts, ISM, And Fed Blackout Period Begins
03.06.2024, 18:20 Uhr. ZeroHedge News - https: - Key Events This Week: Jobs, Jolts, ISM, And Fed Blackout Period Begins It's another payrolls week with consensus (+190k) expecting job gains to pick up from last month's +175k number with unemployment widely expected to stay at 3.9%. As DB's Jim Reid writres this morning, the bank's economists think the risks are biased to it rounding down a tenth rather...
No Such Thing As Bad Publicity
31.05.2024, 16:30 Uhr. ZeroHedge News - https: - No Such Thing As Bad Publicity By Bas van Geffen, Senior Macro Strategist at Rabobank Trump has been found guilty of all charges in his hush money trial. While this may prevent Trump from voting for himself in November, it is questionable if this conviction will meaningfully lower his odds in the Presidential elections. In fact, as my colleague noted...
Market Goes Into PCE With Almost Everyone Neutral Bonds
31.05.2024, 14:06 Uhr. ZeroHedge News - https: - Market Goes Into PCE With Almost Everyone Neutral Bonds By Simon White, Bloomberg markets live reporter and strategist Positioning across most indicators shows investors are fairly neutral USTs going into today’s PCE release. The market is still slightly short, however, which points to more downside risk for yields should PCE come in lower than expectations...
EZB im Klimawahn: Erste Banken sollen Strafen zahlen
31.05.2024, 11:04 Uhr. Report24 - https: - Obwohl das globale Klima nicht zu den Kernaufgaben der Europäischen Zentralbank (EZB) gehört, mischt die oberste Währungsbehörde der Eurozone dort mit. Erste Banken sollen nun Strafen zahlen, weil sie den EZB-Klimaschutzzielen nicht nachkommen. Diese "dürfen" nun entweder Geld mit "grünen" Investments verbrennen, oder aber mit finanziellen Strafen...
Planes, Grains, & Automobiles... And 'Coinz'
28.05.2024, 19:40 Uhr. ZeroHedge News - https: - Planes, Grains, & Automobiles... And 'Coinz' By Michael Every of Rabobank Planes, Grains, & Automobiles - and 'Coinz' ECB Chief Economist Lane yesterday backed the view a June rate cut is in the bag and even implied July might be too. He pointed out that the majority of EU inflation was due to an energy supply shock now fading: which would be why European...
Key Events This Holiday-Shortened Week: PCE, GDP And More Fed Speakers
28.05.2024, 16:05 Uhr. ZeroHedge News - https: - Key Events This Holiday-Shortened Week: PCE, GDP And More Fed Speakers All roads this week point towards the April US core PCE print on Friday which in MoM terms is expected to edge down from +0.32% to +0.26%, which would be the lowest monthly increase of 2024. As DB's Jim Reid notes, you don't need an economist to tell you how well scrutinized this...
Russia Confiscates €800 Million From Deutsche Bank, Unicredit And Commerzbank
21.05.2024, 10:17 Uhr. ZeroHedge News - https: - Russia Confiscates €800 Million From Deutsche Bank, Unicredit And Commerzbank After two years of being on the receiving end of a weaponized global reserve currency, getting booted from SWIFT, countless (toothless) sanctions and watching some $350 billion of its assets be frozen and soon confiscated, Moscow has had enough, and over the weekend the...
Key Events This Quiet Week: Nvidia Earnings, FOMC Minutes, And Tons Of Fed Speakers
20.05.2024, 15:10 Uhr. ZeroHedge News - https: - Key Events This Quiet Week: Nvidia Earnings, FOMC Minutes, And Tons Of Fed Speakers After last week's non-stop rollercoaster, it will be a quieter week ahead for global macro with perhaps the most interesting event of the week being Nvidia's earnings on Wednesday. The company always reports a couple of weeks after the main stretch of US earnings season...
Großdemo zur EU-Wahl: Politikerhaftung, Bargelderhalt und Vetorecht
17.05.2024, 17:00 Uhr. Transition News - https: - Transition News: Sie rufen im Zuge der Europawahl zu einer Großdemo für den 25. Mai in Frankfurt am Main auf. Worum geht es genau? Stephanie Tsomakaeva: Das Thema ist «Europa-Qual der Wahl». Es geht also um die EU-Wahl. Weil diese Wahl eine Schicksalsentscheidung ist. Denn momentan geht es um die Agenda 2030. Das bedeutet, das kommende EU-Parlament...
US Futures Coiled Tightly Ahead Of Key CPI Print
15.05.2024, 13:31 Uhr. ZeroHedge News - https: - US Futures Coiled Tightly Ahead Of Key CPI Print Equity futures were set to hold yesterday's gains ahead of today's CPI report, but will move violently either higher or lower after today's CPI number is released, which will either validate or reject Jerome Powell’s latest signals that interest rates will be higher for longer (our CPI preview is here)...
Key Events This Week: All Eyes On CPI As Fed Speakers Galore
13.05.2024, 15:40 Uhr. ZeroHedge News - https: - Key Events This Week: All Eyes On CPI As Fed Speakers Galore After a very slow week, the key event for markets this week will be US inflation data with April’s PPI (Tuesday) and CPI (Wednesday) the highlights. We’ll see if the higher-than-expected US inflation seen in Q1 extends into Q2 or not. Markets will also hear from Powell (tomorrow) and Vice...
"The US Economic Picture Appears To Be Softening"
10.05.2024, 16:20 Uhr. ZeroHedge News - https: - "The US Economic Picture Appears To Be Softening" By Rabobank The Bank of England left the Bank Rate unchanged at 5.25% yesterday, but the clear signal from the record of votes, and Governor Bailey, is that cuts aren’t far away. This time around the vote split 7-2 in favour of holding (previously 8-1), with arch-dove Dhingra being joined by former...
Futures Flat As Post-FOMC Rally Takes A Breather
07.05.2024, 14:30 Uhr. ZeroHedge News - https: - Futures Flat As Post-FOMC Rally Takes A Breather US stock futures are flat after the S&P 500 and Nasdaq 100 both closed 1% higher on Monday, helped by growing optimism among investors that the economy is finally slowing greenlighting earlier rate cuts by the Fed. As of 8:00am ET S&P futures were unchanged at 5,206, trading about 1% above its 50DMA,...
Key Events This Week: Things Finally Quiet Down
06.05.2024, 16:58 Uhr. ZeroHedge News - https: - Key Events This Week: Things Finally Quiet Down After a whirlwind two weeks which saw both the latest FOMC decision and the April jobs report, not to mention the peak of earnings season when all of the top tech companies reported, the calendar takes a quieter turn after the deluge of macro events last week, and the focus shifts on whether markets can...
Eurozone Exits Recession
01.05.2024, 09:30 Uhr. ZeroHedge News - https: - Eurozone Exits Recession By Maartje Wijffelaars and Elwin de Groot of Rabobank Eurozone leaves recessionary territory The Eurozone economy grew by 0.3% q/q at the start of the year, exceeding expectations. Growth follows two quarters in which the economy mildly contracted. Among the largest member states, Spain again took the lead, growing by a stunning...
US Futures Dip On Last Day Of April, First Down Month Of 2024
30.04.2024, 14:16 Uhr. ZeroHedge News - https: - US Futures Dip On Last Day Of April, First Down Month Of 2024 US equity futures dropped, and European markets were mixed on the last day of the month amid concerns the Fed may stick to its hawkish messaging at its meeting on Wednesday. As of 7:40am, S&P 500 and Nasdaq futures were down 0.1% while Europe’s Stoxx 600 index retreated 0.4%, while Asian...
Key Events This Extremely Busy Week: Fed, Treasury Refunding, Jobs, JOLTS, ISM And Tons Of Earnings
29.04.2024, 16:40 Uhr. ZeroHedge News - https: - Key Events This Extremely Busy Week: Fed, Treasury Refunding, Jobs, JOLTS, ISM And Tons Of Earnings As DB's Jim Reid notes, with just two days left in a rollercoaster April for markets - and FX - last week actually saw the best week for the S&P 500 (+2.67%) and NASDAQ (+4.23%) since November, following several weeks of declines, as earnings gave markets...
Futures Rise, Yen Downgraded To Banana Republic Currency After Another Rollercoaster Session
29.04.2024, 14:24 Uhr. ZeroHedge News - https: - Futures Rise, Yen Downgraded To Banana Republic Currency After Another Rollercoaster Session US equity futures swung between gains and losses and traded near session highs as US traders walked to their desks on Monday morning after a rollercoaster day for the Japanese yen, which increasingly looks like some 3rd world banana republic currency instead...
"Bye Bye, Babies... Bye Bye, Workers": Can Europe Slow The Impact Of Its Aging Society
27.04.2024, 14:10 Uhr. ZeroHedge News - https: - "Bye Bye, Babies... Bye Bye, Workers": Can Europe Slow The Impact Of Its Aging Society By Erik-Jan van Harn and Maartje Wijffelaars of Rabobank Summary Europe’s population is aging and this will stunt economic growth in the coming decades. Challenges are arising for social welfare, debt sustainability, and even strategic autonomy. Potential remedies...
The Next Global Hegemon Has To Be Even Larger Than The US
24.04.2024, 22:24 Uhr. ZeroHedge News - https: - The Next Global Hegemon Has To Be Even Larger Than The US By Michael Every of Rabobank "Where it will end is very much up for grabs." Yesterday’s manufacturing PMIs shouted “stagflation”, even if some heard “rate cuts”. German manufacturing was 42.2, French 44.9, and Eurozone 45.6, as services were 53.3, 50.5, and 52.9 - but Europe must now...
Key Events This Week: PCE, GDP, Fed Blackout And Earnings Gallore
22.04.2024, 16:01 Uhr. ZeroHedge News - https: - Key Events This Week: PCE, GDP, Fed Blackout And Earnings Gallore Hot on the heels of last week's tech and momentum rout, shaken traders will have to wait until Friday for the main macro event namely the US core PCE print within the income and spending report. Economists expect the core PCE deflator to come in at +0.30% vs. +0.26% last month. This would...
Central Banks Are Wrong About Rate-Cuts
16.04.2024, 13:22 Uhr. ZeroHedge News - https: - Central Banks Are Wrong About Rate-Cuts Authored by Daniel Lacalle, When we talk about monetary policy, people do not understand the importance of interest rates reflecting the reality of inflation and risk. Interest rates are the price of risk and manipulating them down leads to bubbles that end in financial crises, while imposing too high rates can...
It's Not Just The Middle East: Here Are The Main Events This Busy Week
15.04.2024, 18:01 Uhr. ZeroHedge News - https: - It's Not Just The Middle East: Here Are The Main Events This Busy Week While back on Friday the market's attention was mostly on the start of earnings season, this weekend's events have quickly shift focus and looking forward, the important question now is how Israel might respond to the (scripted) war between Iran and Israel, and whether it could lead...
The Final Nail In The Coffin Of Synchronized Central Bank Actions
12.04.2024, 17:26 Uhr. ZeroHedge News - https: - The Final Nail In The Coffin Of Synchronized Central Bank Actions By Elwin de Groot, head of macro strategy at Rabobank And now the end [to monetary tightening] is near … And so I face that final curtain … My friend I'll say it clear … I'll state my case, of which I'm certain [– Christine Lagarde] As we head into the weekend and gold prices...
Euro Extends Decline After ECB Holds Rates At Highs, Hints At Cuts To Come
11.04.2024, 14:30 Uhr. ZeroHedge News - https: - Euro Extends Decline After ECB Holds Rates At Highs, Hints At Cuts To Come After yesterday's US CPI print - and the dramatic adjustment to market expectations of Fed policy action (timing and extent) - this morning's ECB was expected to be a nothing-burger with all eyes out for any confirmation that June is 'go-time' for Lagarde to cut (albeit a rare...
Myret Zaki: Das Ende des Dollars im globalen Handel?
07.04.2024, 00:03 Uhr. Transition News - https: - Die renommierte Westschweizer Wirtschaftsjournalistin Myret Zaki prognostiziert in einem Interview das Ende des Dollars als Leitwährung im weltweiten Handel. Ihrer Analyse nach nutzen die Vereinigten Staaten teilweise ihre militärische Macht (z. B. in der Ukraine), um das Ende ihrer monetären und wirtschaftlichen Vorherrschaft zu bremsen. Medien...
Europe's South Takes The Lead
06.04.2024, 14:11 Uhr. ZeroHedge News - https: - Europe's South Takes The Lead By Maartje Wijffelaars, Senior Economist at Rabobank Brent crude oil extended its gains and broke through the 90 dollars a barrel threshold yesterday, for the first time since end-October last year. The commodity continues its ascend this morning and at the time of writing it’ll cost you 91.2 dollars to buy a barrel....
Futures Rebound After Powell Reassures On Rate Cuts
04.04.2024, 14:16 Uhr. ZeroHedge News - https: - Futures Rebound After Powell Reassures On Rate Cuts US equity futures are higher with both Tech and small-caps outperforming, while the dollar is lower even as yields are higher from Wednesday's close. As of 7:50am, S&P futures were 0.3% higher and Nasdaq futs rose 0.4%, boosted by Powell’s comments that recent inflation figures did not “materially...
What Will The Fed Do When Trump Wins And Slams China With 60% Tariffs
03.04.2024, 18:07 Uhr. ZeroHedge News - https: - What Will The Fed Do When Trump Wins And Slams China With 60% Tariffs By Michael Every of Rabobank Have you got the energy? Yesterday, Bloomberg noted ‘Fears of 5% Yields Are Back, Thanks to Oil’s Surge’. We are over a quarter into a year in which we were promised rapid, wall-to-wall rate cuts, but so far only the Swiss have proved punctual: now...
Futures Drop As Rates Continue Rising With Brent Back To $90
03.04.2024, 14:19 Uhr. ZeroHedge News - https: - Futures Drop As Rates Continue Rising With Brent Back To $90 US futures are down small with Tech underperforming and small-caps flat, as rates held at 4 month highs, and Brent is about to rise above $90. As of 8:00am, both S&P and Nasdaq futures are down -0.2%, with yields higher pre-market ahead of Powell’s 12.10pm ET speech; despite his dovish...
Key Events This Week: CPI, PPI And Retail Sales As Fed Enters Blackout Period
11.03.2024, 15:24 Uhr. ZeroHedge News - https: - Key Events This Week: CPI, PPI And Retail Sales As Fed Enters Blackout Period With 10yr US yields around -10bps lower, and the S&P 500 around +2% higher than where they were just before last month’s higher-than-expected CPI, DB's Jim Reid concludes that "it’s fair to say that markets have shrugged off this upside print alongside the high PPI and...
One Bank Asks "Could A Central Bank Somewhere Be Buying Crypto Assets?"
04.03.2024, 23:44 Uhr. ZeroHedge News - https: - One Bank Asks "Could A Central Bank Somewhere Be Buying Crypto Assets?" By Benjamin Picton of Rabobank We're going to build a (tariff) wall... Crude oil prices spiked on Friday evening following news that OPEC+ and Russia will extend production cuts through to June of this year. Brent closed 2% higher at $83.55/bbl, which means that prices have now...
Key Events This Busy Week: Payrolls, Powell, China People's Congress And Much More
04.03.2024, 16:41 Uhr. ZeroHedge News - https: - Key Events This Busy Week: Payrolls, Powell, China People's Congress And Much More As DB's Jim Reid writes this morning, we're currently on a run that you may not see again in your lifetimes. He is referring to the fact that the S&P 500 just completed a historic run of 16 positive weeks out of the last 18 for first time since 1971. If this carries on...
Futures Flat As Rally Fades, CRE Stress Returns
01.03.2024, 14:31 Uhr. ZeroHedge News - https: - Futures Flat As Rally Fades, CRE Stress Returns US stock futures briefly fell to a session low - then quickly recovered - as Apple slumped in premarket trading after Goldman removed the company from its conviction buy list (but retained a buy rating). As of 8:00am, S&P and Nasdaq futures traded flat and European stocks retreated from their highs as...
ECB Rate-Cuts In Jeopardy As Disinflation Grinds To Halt
01.03.2024, 14:12 Uhr. ZeroHedge News - https: - ECB Rate-Cuts In Jeopardy As Disinflation Grinds To Halt Authored by Simon Black, Bloomberg macro strategist, Eurozone inflation data for January just came in higher than expected, as hinted by the readings in Germany, France, etc earlier this week. Euribor futures rallied a few basis points after the release (perhaps more hawkish data was expected)...
Cartoon Versions Of Everything
28.02.2024, 18:29 Uhr. ZeroHedge News - https: - Cartoon Versions Of Everything By Michael Every of Rabobank Cartoon Versions Of Everything President Macron’s remarkable public speech saying Europe will “do everything needed” to stop Russia winning in Ukraine, and “not ruling out” sending troops, of course, saw President Putin immediately reply that the latter would mean war with Russia;...
Key Events This Week: All Eyes On Core PCE Amid Deluge Of Fed Speakers
26.02.2024, 16:04 Uhr. ZeroHedge News - https: - Key Events This Week: All Eyes On Core PCE Amid Deluge Of Fed Speakers After a relatively quiet week on the data front, things start to pick up again even as earnings season comes to a close. In terms of key events, DB's Jim Reid writes that it’s hard to look too far beyond the latest core PCE print on Thursday after the recent strong CPI report and...
vonderLeyen: „Zitieren Sie mich nicht!“
25.02.2024, 22:42 Uhr. >b's weblog - https: - In Bulgarien ist ein heimlicher viereinhalbstündigen Mitschnitt einer Sitzung der Partei PP an die Öffentlichkeit gelangt.Geleakt hat ihn der Jurist und ehemalige PP-Abgeordnete Radostin Vasilev, der mit dem Kurs seiner Partei, mit der rivalisierenden GERB von Bojko Borissow eine Regierungskoalition bilden zu wollen, nicht einverstanden ist.Zu hören...
The Message This Week From Central Bankers: No Urgency, No Rush
23.02.2024, 16:47 Uhr. ZeroHedge News - https: - The Message This Week From Central Bankers: No Urgency, No Rush By Elwin de Groot, Head of Macro Strategy at Rabobank No urgency, no rush Although global disinflation has made considerable progress and should provide a window for interest rates cuts in the course of this year, central banks are in no hurry to cut. That, in a nutshell, was the key message...
The Fed's "Solution" To The Mess It Created: It Will Tighten And Loosen At The Same Time
22.02.2024, 16:05 Uhr. ZeroHedge News - https: - The Fed's "Solution" To The Mess It Created: It Will Tighten And Loosen At The Same Time By Michael Every of Rabobank So, the Nvidia earnings came and went, with talk of the economy at an “AI tipping point”: it seems equity markets avoided one for now anyway. Before continuing on a purely financial front, allow me to share a few other headlines...
Futures Slide As Focus Turns To Nvidia Earnings Tomorrow
20.02.2024, 14:21 Uhr. ZeroHedge News - https: - Futures Slide As Focus Turns To Nvidia Earnings Tomorrow After a flat Monday when US cash market were closed for President's Day, equity futures are pointing to a lower open on Tuesday as the latest earnings reports and corporate news failed to shake concerns about higher-for-longer interest rates and the faltering Chinese economy, while markets...
Key Events This Week: Nvidia Earnings And FOMC Minutes
19.02.2024, 17:19 Uhr. ZeroHedge News - https: - Key Events This Week: Nvidia Earnings And FOMC Minutes It's a quiet start to the week thanks to the President's Day holiday in the US, and it's also a relatively quiet week on the data front, however as DB's Jim Reid writes in his weekly preview, "it's a reflection of the world we live in that the most important event of the week may be Nvidia's earnings...
Macleod: The Future Of Fiat
04.11.2023, 12:00 Uhr. ZeroHedge News - https: - Macleod: The Future Of Fiat Authored by Alasdair Macleod, The day of reckoning for unproductive credit is in sight. With G7 national finances spiraling out of control, debt traps are being sprung on all of them, with the sole exception of Germany. Malinvestments of the last fifty years are being exposed by the rise in interest rates, increases which...
Bonds & Stocks Explode Higher As 'Bad' Data & Benign Powell Ease Financial Conditions
03.11.2023, 21:12 Uhr. ZeroHedge News - https: - Bonds & Stocks Explode Higher As 'Bad' Data & Benign Powell Ease Financial Conditions Best week of the year for stocks and bonds, 2nd worst week of the year for the dollar... *S&P 500 CLIMBS 5.9% FOR WEEK, BEST SINCE NOVEMBER 2022 https://t.co/yvljHlo4XR— zerohedge ( zerohedge) November 3, 2023 A smaller-than-expected (and less duration-extended)...
Living Paycheck-To-Paycheck Has Become "The Main Financial Lifestyle" For US Consumers
03.11.2023, 20:21 Uhr. ZeroHedge News - https: - Living Paycheck-To-Paycheck Has Become "The Main Financial Lifestyle" For US Consumers Authored by Michael Snyder via The Economic Collapse blog, Despite the fact that our politicians in Washington have been borrowing and spending trillions of dollars that we do not have in a desperate attempt to prop up the economy, living paycheck to paycheck has...
Services Sector Surveys Signal "Summer Surge Has Stalled"
03.11.2023, 15:05 Uhr. ZeroHedge News - https: - Services Sector Surveys Signal "Summer Surge Has Stalled" After weak Manufacturing surveys for October (growth slowing but prices reaccelerating), the Services sector surveys are forecast to be mixed with PMI expected higher and ISM expected to decline, but both are forecast to remain above 50 (in expansion). S&P Global's Services PMI actually disappointed...
Auf Rezessionskurs: Eurozone kämpft mit Wirtschaftsabschwung
01.11.2023, 12:00 Uhr. Report24 - https: - Zum ersten Mal seit den Covid-Lockdowns kämpft die Eurozone wieder mit einer sich verlangsamenden Wirtschaft. Das dritte Quartal weist offiziell ein Minus von 0,1 Prozent aus. Die Realität dürfte deutlich düsterer sein. Für das vierte Quartal sieht es nicht besser aus, während die Prognosen für 2024 zu positiv zu sein scheinen. Alles in allem...
Eurozone Economy Shrinks For First Time Since COVID, Inflation Tumbles... But EUR Rallies
31.10.2023, 13:26 Uhr. ZeroHedge News - https: - Eurozone Economy Shrinks For First Time Since COVID, Inflation Tumbles... But EUR Rallies After the BoJ's malarkey overnight, it was Europe's turn to make economic headlines this morning and sure enough it did not disappoint (well it did, but vol traders were excited). In the third quarter the Eurozone economy contracted by 0.1% compared to the second...
Key Events This Extremely Busy Week: FOMC, BOJ, BOE, Payrolls, ISM, And Earnings Galore
30.10.2023, 15:12 Uhr. ZeroHedge News - https: - Key Events This Extremely Busy Week: FOMC, BOJ, BOE, Payrolls, ISM, And Earnings Galore We start an extremely busy week for markets after a few major landmarks were reached on Friday which DB's Jim Reid felt are worth highlighting. The S&P 500 moved into "correction" territory, now down -10.27% from the July highs. Meanwhile the benchmark small-cap...