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 20 December 2021
Key themes for the week ahead – US inflation, elevated virus uncertainty This will be a quiet data week leading into the Holiday period. The key data highlight will be the monthly US PCE inflation data for Nov. Uncertainty is elevated about the new virus variant....
The Macro Outlook for w/c 13 December 2021
Key themes for the week ahead – central bank policy decisions, inflation, and output This will be a big week of data and final central bank meetings for the year. The focus for the week will be the FOMC meeting/decision on 15 Dec. Central Banks – Part Two The FOMC...
The Macro Outlook for w/c 6 December 2021
Key themes for the week ahead – US CPI and central bank policy decisions The key data point this week will be US CPI on Friday. This will also be the first of two weeks of final central bank policy meetings for the year. Also note: the lead-up to the debt ceiling...
The Macro Outlook for w/c 29 November 2021
Key themes for the week ahead – US non-farm payrolls, growth momentum, and central bank speeches It will be another big week of economic data and central bank speeches. Other things to be aware of this week; the lead-up to the debt ceiling limit, finalizing the...
The Macro Outlook for w/c 22 November 2021
Key themes for the week ahead – central banks, global growth momentum, and US inflation. It might be a shortened holiday week, but there will be much to digest. Central Banks The latest FOMC and ECB meeting minutes will be released. The next US Fed Chair is expected...
The Macro Outlook for w/c 15 November 2021
Key themes for the week ahead – inflation Inflation is the key theme for this week with several more CPI reports due for Oct. There will also be numerous US Fed speeches this week, the first look at US manufacturing momentum going into Nov, and US housing data for...
The Macro Outlook for w/c 8 November 2021
Key themes for the week ahead – inflation & central bank speeches It’s been a huge two weeks of central bank policy decisions. Central Banks acknowledged that inflation has not been as transitory as they had initially expected – due to persistent demand/supply...
The Macro Outlook for w/c 1 November 2021
Key themes for the week ahead – central bank policy decisions part 2, US payrolls, and global growth momentum. This is the second of two weeks of major central bank policy decisions. The context of these meetings is significant as markets continue to bring forward...
The Macro Outlook for w/c 25 October 2021
Key themes for the week ahead – central bank policy decisions, inflation, and US growth (tech earnings too). This will be the first of two weeks of major central bank policy decisions. This week: the BoC, BoJ, and ECB. Next week: the RBA, FOMC, and BoE. Policy...
The Macro Outlook for w/c 18 October 2021
Key themes for the week ahead – growth momentum & output, inflation, and US housing data. A quieter week on the data front, but a lot of Fed speak this week. There will be US Fed speeches on most days this week. Chair Powell was expected to speak later in the week...
