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Category: Macroeconomic


Capital and Risk, Macroeconomic

Euro (EUR/USD) Pares Recent Losses After German and Euro Area Q4 GDP Releases

January 30, 2024

Via: DailyFX

The German economy missed slipping into a technical recession by the smallest of margins after the country’s Q3 GDP was upgraded to flat from -0.1%. The first look at German Q4 GDP came in line with market forecasts at -0.3%. […]


Capital and Risk, Macroeconomic

USD/CAD Latest After BoC Makes Dovish Shift, Price Pressures Remain

January 25, 2024

Via: DailyFX

Yesterday the Bank of Canada (BoC) kept rates unchanged in line with broad expectations. However, the bank did signal that interest rates have peaked via a change in the wording of the January 24th statement. The committee decided to move […]


Capital and Risk, Macroeconomic

US Q3 GDP Revised Lower Dragging the Dollar Index Along, Gold Rises

December 21, 2023

Via: DailyFX

US Q3 GDP has been revised lower to 4.9%, slightly below 5.2% in the second estimate, but matching the 4.9% initially reported in the advance estimate. The estimate released today is based on more complete source data than were available […]


Capital and Risk, Macroeconomic

California Faces Record $68B Budget Deficit, Legislative Analyst Says

December 12, 2023

Via: Insurance Journal

California is facing a record $68 billion budget deficit, state officials announced, forcing hard choices for Democratic Gov. Gavin Newsom in his final term as he works to build his national profile. The nation`s most populous state, with an economy […]


Capital and Risk, Macroeconomic

Japanese GDP Strained by Rising Inflation and BoJ Spurs Hawkish Bets

December 8, 2023

Via: DailyFX

Japanese (final) Q3 data was revised lower as inflation appeared to be negatively impacting spending in the region. Inflation has been above the Bank of Japan’s (BoJ) 2% target for more than a year but officials require more convincing before […]


Capital and Risk, Macroeconomic

Softer US Data Propels EUR/USD Beyond Key Technical Level

November 15, 2023

Via: DailyFX

Despite prominent ECB officials emphatically stating the conversation around rate cuts is premature, the futures market anticipates nearly 100 basis points of cuts in 2024 which paces alongside US expectations. Therefore, the euro no longer holds a notable advantage as […]


Capital and Risk, Macroeconomic

US Breaking News: Retail Sales Beat Pessimistic Estimate, USD Bid

November 15, 2023

Via: DailyFX

US retail sales broke its run of six consecutive positive prints in October, dropping 0.1% in the month of October compared to September. In addition, September’s number was revised higher from +0.7% to +0.9%. Retail sales has contributed to the […]


Capital and Risk, Macroeconomic

U.S. Bank Freight Payment Index: Truck freight spending, volume drop for fifth consecutive quarter

November 1, 2023

Via: Yahoo

During the third quarter, the amount spent to ship goods via truck freight was down 12.5% compared to a year prior while the volume of shipments was off 9.7%, according to the U.S. Bank Freight Payment Index. Spending fell 4.2% […]


Capital and Risk, Macroeconomic

US Q3 GDP Smashes Estimates as the DXY and Gold Adopt a Cautious Approach

October 26, 2023

Via: DailyFX

Real gross domestic product (GDP) increased at an annual rate of 4.9 percent in the third quarter of 2023, this according to an advanced estimate by the Bureau of Economic Analysis. This is the most since the last quarter of […]


Capital and Risk, Macroeconomic

Analyzing Inflation’s Effects on the Economy and Precious Metals

September 19, 2023

Via: PR Newswire

Inflation, the persistent increase in the general price level of goods and services, is a topic of growing concern worldwide reports Orion Metal Exchange. As it continues to affect economies on a global scale, understanding its multifaceted consequences and how […]


Capital and Risk, Macroeconomic

US Dollar, Dow Jones Sink as Fitch Downgrades US Credit Rating. Now What?

August 2, 2023

Via: DailyFX

The US Dollar, Dow Jones, S&P 500 and Nasdaq 100 fell after reports crossed the wires that Fitch, a key credit rating agency, downgraded the US score to AA+ from AAA. This partly reflected the “expected fiscal deterioration over the […]


Capital and Risk, Liquidity, Macroeconomic

Crude Oil Prices Stifled by Chinese Economic Data & Stronger USD

June 15, 2023

Via: DailyFX

Crude oil remains relatively depressed this Thursday morning after a drop yesterday post-FOMC. The Federal Reserve decided to keep rates on hold; however, central bank guidance was rather hawkish considering the lead up to the announcement was on the bearish […]


Capital and Risk, Macroeconomic

British Pound (GBP/USD) Latest: IMF U-Turn, UK PMIs, US Debt Talks

May 23, 2023

Via: DailyFX

The International Monetary Fund (IMF) has performed a quick U-turn on the UK’s growth outlook and now sees the economy expanding by 0.4% in 2023. In January this year, the IMF predicted that the UK economy would contract by 0.6% […]


Capital and Risk, Macroeconomic

US Q1 Growth (GDP) Disappoints, US Dollar Nudges Higher Post-Release

April 27, 2023

Via: DailyFX

The US economy expanded by 1.1% in Q1, according to the latest US Bureau of Economic Analysis (BEA) data, missing expectations of 2%. The US economy grew by 2.6% in Q4 2022. According to the BEA, ‘Compared to the fourth […]


Capital and Risk, Macroeconomic

Republicans Face Call to Pass Debt Limit Bill by End of April

April 13, 2023

Via: CNSNews.com

As the Biden White House sticks to its demand for a “clean” bill raising the nation’s debt limit, House Republicans have differing opinions on how to resolve the looming deadline, sometime in June, when the Treasury will not be able […]


Capital and Risk, Macroeconomic

How the Debt Ceiling Could Prevent the Next Banking Crisis

April 3, 2023

Via: CNSNews.com

With the collapse of several banks in the last few weeks, many fear that their deposits aren’t safe and another financial crisis is looming. Worse, the fight in Washington over raising the debt ceiling threatens to strain the system still […]


Capital and Risk, Macroeconomic

Gov’t Will Pay $640 Billion in Net Interest on Federal Debt This Year

March 28, 2023

Via: CNSNews.com

As federal spending continues to rise, accumulated federal debt will soon reach all‐​time highs relative to the size of the economy. Federal debt held by the public will hit 107 percent of gross domestic product (GDP) in 2028, surpassing the […]


Capital and Risk, Macroeconomic

Woke Officials Missed Warning Signs Before Collapse of Sillicon Valley Bank

March 20, 2023

Via: CNSNews.com

President Biden’s massive government spending caused inflation that led to the collapse of a big bank, by shrinking the value of its long-term loans and bonds. Silicon Valley Bank collapsed last week, in the second-biggest bank failure in American history. […]


Capital and Risk, Macroeconomic

Senate Banking Republicans warn Fed not to go too far in capital review

March 3, 2023

Via: American Banker

Republicans on the Senate Banking Committee are keeping a watchful eye on the Federal Reserve’s ongoing review of bank capital requirements. Sen. Tim Scott, R-S.C., the ranking member on the committee, sent a letter to Fed Chair Jerome Powell on […]


Capital and Risk, Macroeconomic

Are Brazil and Argentina Heading Toward a Tragedy of the Monetary Commons?

February 6, 2023

Via: CNSNews.com

Earlier this month, Argentina and Brazil announced that they would begin working to implement a common currency. The news shocked many economists, including Oliver Blanchard, former chief economist of the International Monetary Fund. Blanchard responded by tweeting: “This Is Insane.” […]