The Weekly Macro Outlook
What’s shaping global markets this week and the key events traders need to watch. Read This Week's Macro OutlookWhat We Cover Each Week
Our Weekly Macro Outlook provides essential context for the week ahead, highlighting key economic releases, central bank activity, and the macro themes shaping market conditions.
It complements our flagship technical analysis research, helping traders stay aligned with the broader environment while focusing on the key events most likely to affect markets. Explore our latest technical analysis.
Published consistently across multiple market cycles, it provides a forward-looking view on the week ahead:
◾Key economic data and global releases
◾Central bank policy and communication
◾Inflation, growth, and broader macro trends
◾Geopolitical developments
Latest Macro Outlook:
Weekly Macro Outlook: Renewed Uncertainty
This weekly macro outlook note highlights the key economic, central bank, and geopolitical events shaping the outlook for global markets in the week ahead. The key events for the w/c 20 April 2026: US retail sales, global CPI reports, Prelim S&P PMIs April Recap...
The Macro Outlook: Geopolitical Headwinds Building
The key events for the w/c 13 April 2026: US PPI, Fed Beige Book, Speeches Macro Recap: Early US Inflation Effects The ceasefire optimism from last week is at risk following the breakdown of talks between the US and Iran over the weekend. With the Strait of Hormuz...
The Macro Outlook: Energy Shock & Inflation Pass-Through
The key events for the w/c 6 April 2026: US inflation (PCE Feb, CPI Mar), ISM Services PMI, FOMC Minutes, RBNZ Meeting Macro Recap: Testing the Resilience of the US Economy The geopolitical conflict and uncertainty involving Iran continues to anchor market...
The Macro Outlook: From Shock to Economic Impact
The key events for the w/c 30 March 2026 - US: non-farm payrolls, ISM manufacturing PMI, & retail sales, Global PMIs, Euro area CPI (prelim) Mar Macro Recap: Gauging the Economic Impact The conflict involving Iran is now entering its fifth week, with the Strait of...
The Macro Outlook: Central Banks Assess an Evolving Shock
The key events for the w/c 23 March 2026: Prelim S&P PMIs March, global CPI reports: Japan, Aus, and the UK Macro Recap: The Central Bank Response The conflict in the Middle East has now entered its fourth week, with the Strait of Hormuz remaining closed. Markets...
The Macro Outlook: Central Banks Navigate the Latest Shock
The key events for the w/c 16 March 2026: Central Bank meetings: RBA, BoC, FOMC, BoJ, SNB, BoE, and ECB; US PPI; Aus Labour market; Canada CPI Macro Recap: The Threat of a Persistent Conflict Geopolitical Risks The conflict in the Middle East and the resulting closure...
The Macro Outlook: Inflation Risks
The key events for the w/c 9 March 2026: US CPI (Feb) & PCE Inflation (Jan), Geopolitical Risks Macro Recap: From Escalation to Shock Through last week, markets continued to recalibrate the assessment of the Middle East conflict as hopes for a swift de-escalation...
The Macro Outlook: Macro Crosscurrents – Labor Signals & Geopolitical Risks
The key events for the w/c 2 March 2026: US: payrolls Feb, retail sales, ISM surveys, & Fed Beige Book, Aus GDP Q4, S&P Global PMIs Feb Macro Recap: Escalation Events over the past week reinforced the economic and geopolitical crosscurrents facing markets...
The Macro Outlook: Navigating Macro & Geopolitical Crosscurrents
The key events for the w/c 23 February 2026: US tariff ruling fallout, State of the Union, earnings, data (PPI), and geopolitical headline risks. Outlook for the week ahead Events in the coming week highlight the macroeconomic and geopolitical crosscurrents facing...
The Macro Outlook: A Cautious Rebalancing
The key events for the w/c 16 February 2026: US PCE inflation, Q4 GDP, & FOMC Minutes, Global CPI data, RBNZ Policy Meeting, S&P Prelim PMIs Feb Macro Recap: Constructive Data for the Fed Mandate US data last week provided a solid update to the Federal...
