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.
Read the latest Weekly Macro Outlook:
The Macro Outlook for w/c 1 February 2021
The focus this week will be on the momentum of private sector growth for Jan, including US non-farm payroll growth, global PMI’s, and several central bank monetary policy decisions. This week the BoE and RBA will meet on monetary policy. The final global PMI’s for Jan...
The Macro Outlook for w/c 25 January 2021
Mostly US-focused data releases and the FOMC meeting this week. The US FOMC two-day meeting will be held this week with the policy decision announced on Wed 27 Jan. The expectation is for rates and other policy settings to remain unchanged. The press conference is...
The Macro Outlook for w/c 18 January 2021
The main highlights for this week are the Inauguration of Joe Biden as the next US President, the prelim global PMI’s for Jan, and the ECB and BoJ interest rate decisions. This week, Joe Biden will be inaugurated as the next US President. Four areas have been...
The Weekly Macro Review and Outlook for w/c 11 January 2021
The weekly macro review for w/c 4 January 2021 - It was a turbulent week with further social and political unrest in the US, some weak data points, and continued peaks in Covid-19 infections and deaths. In the US, the Democrats won the two Senate runoff races in...
The Macro Outlook for w/c 4 January 2021
It will be a relatively full week for the first week of the New Year. In the US, the focus will be on the results of the two important Georgia Senate runoff elections this week. The results will determine which party will control the US Senate. The focus over the next...
The Outlook for w/c 28 December 2020
Highlights for the short week between the Christmas and New Year break include the sign off on the latest US government spending and relief bill and a light data week. News of the Covid-19 vaccination rollout is running alongside reports of new outbreaks, new...
The Weekly Macro Review and Outlook for w/c 21 December 2020
The weekly macro review for w/c 14 December 2020 - Last week we noted that sentiment across many countries had been buoyed by news of a Covid-19 vaccine. But this has not stopped the rolling outbreaks from continuing to affect economies and households. In many cases,...
The Weekly Macro Review and Outlook for w/c 14 December 2020
The weekly macro review for w/c 7 December 2020 - The roll-out of Covid-19 vaccines is helping to improve sentiment. But while prospects for the future are improving, there remains a more immediate/impending issue of the economic impact from the current outbreak as...
The Weekly Macro Review and Outlook for w/c 7 December 2020
The weekly macro review for w/c 30 November 2020 - Data out of the US this week reflected some slowdown of the recent growth momentum. There has been a more localized approach to managing the spread of Covid-19 infections rather than any Nationally mandated approach....
The Macro Outlook for the w/c 30 November 2020
Key highlights for the week will be important US data, global PMI’s for Nov, and US Fed Chairman Powell's testimony on the CARES Act. In the short-term, managing the spread of Covid-19 infections continues to impact economic activity. New cases remain extremely high...
