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.
Read this week’s Weekly Macro Outlook:
The Macro Outlook for w/c 7 March 2022
Key themes for the week ahead – Geopolitical risk, ECB policy meeting, US CPI Recap from last week The significant humanitarian toll and the economic and political fallout from the invasion of Ukraine continued to roil markets. Against the backdrop of surging...
The Macro Outlook for w/c 28 February 2022
Key themes for the week ahead – Geopolitical risk, central bank decisions, US Fed Chair Powell testimony, US Fed speeches, US President Biden State of the Union speech, US non-farm payrolls Recap from last week Fed speak last week continued to discount the likelihood...
The macro Outlook for w/c 21 February 2022
Key themes for the week ahead – US PCE Inflation data, Fed speak, and continued geopolitical headline risk Recap from last week We noted last week that ‘fed speak’ would be prominent in the lead-up to the next FOMC meeting. Over the next three weeks, the question...
The Macro Outlook for w/c 14 February 2022
Key themes for the week ahead – FOMC minutes, Fed speak, US retail sales, global CPI’s, and geopolitical risk Recap from last week US CPI for Jan came in higher than expected at 7.5%. The report showed that price growth pressure has continued to broaden among consumer...
The Macro Outlook for w/c 7 February 2022
Key themes for the week ahead – US CPI, speeches It will be a quiet week on the data front as markets digest data and central bank decisions from the last few weeks. Recap from last week Central banks have been shifting to less accommodative monetary policy settings...
The Macro Outlook for w/c 31st January 2022
Key themes for the week ahead – central bank meetings and US non-farm payrolls This will be another big week of economic data and central bank meetings. Recap Last week, the FOMC announced the end of QE in Mar (end of tapering) and signaled that it would be...
The Macro Outlook for w/c 24 January 2022
Key themes for the week ahead – FOMC, inflation, and growth momentum amid the latest outbreak This will be a big week of economic data and central bank meetings. Central banks The focus will be on the FOMC monetary policy meeting. The FOMC is expected to confirm the...
The Macro Outlook for w/c 17 January 2022
Key themes for the week ahead – global inflation, central banks, US housing data This will be a short week in the US with the National holiday for the birthday of Martin Luther King Jr on Monday. The annual WEF gathering at Davos was due to take place this week and...
The Macro Outlook for w/c 10 January 2022
Key themes for the week ahead – US CPI, Fed nomination hearings, and US retail sales. Last week, the Fed minutes signaled another shift from the FOMC to promote further steps in policy normalization. The timing and conditions for quantitative tightening (QT), or...
The Macro Outlook for w/c 3 January 2022
Key themes for the week ahead – FOMC Minutes, US Non-Farm Payrolls, and Dec PMI’s In our last outlook note for 2021, we said that the trend of US data over the intervening FOMC meeting period will be important to the timing of the first US rate hike. This is...
