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 Weekly Macro Review and Outlook for w/c 6 April 2020
The weekly macro review for w/c 30 March 2020 - Data this week showed that services, especially consumer facing service industries, have so far been most heavily impacted by the pandemic. That said, across the US, Asia and Europe private sector activity across both...
The Weekly Macro Review and Outlook for w/c 30 March 2020
UPDATE TO THE WEEKLY MACRO BRIEF 31 Mar 2020 - After posting the briefing document, the US Treasury added two Cash Management Bills (CMB) for the week - a 42-Day and 69-Day CMB. Together, this increased the total of Bills and Coupons settling this week by $105bn....
The Weekly Macro Review and Outlook for w/c 23 March 2020
The weekly macro review for w/c 16 March 2020 - More countries, as well as individual US states, have tightened quarantine measures in an effort to slow the spread of the Coronavirus. This is having significant impacts on economic activity – not to mention enormous...
The Weekly Macro Brief for w/c 16 March 2020
Disruptions to financial markets continued last week. Central banks have responded with emergency rate cuts and further measures to ease financial conditions. The RBNZ cut rates by 75bps to +0.25% and the US Federal Reserve cut rates by 100bps to 0-0.25% ahead of its...
The Weekly Macro Brief for w/c 9 March 2020
Markets are likely to continue to digest the impact of Coronavirus as well as now the ramifications of the breakdown in OPEC relations with Russia. This will be a quiet data week with only a few releases of note. Last week, central banks responded to the threat to...
The Weekly Macro Brief for w/c 2 March 2020
Markets are likely to continue to grapple with the potential impact of Coronavirus this week. The level of uncertainty regarding the impact on health, production, trade, expenditure, travel and supply chains remains extremely high. The first view of the quarantine...
The Weekly Macro Brief for w/c 24 February 2020
The major data highlights this week will be China data, US Q4 prelim GDP and Japan retail sales and industrial production. This will be amid the likely ongoing headlines regarding the coronavirus. Data out for China this week includes retail sales, industrial...
The Weekly Macro Review and Outlook for w/c 17 February 2020
The macro review for w/c 10 February 2020 - US data reflects the ongoing dichotomy between production and consumer metrics. Industrial production continued to decline slightly led by the weakness in aircraft and electricity and gas output. The USTR also announced this...
The Weekly Macro Brief for w/c 10 February 2020
There has been resolution across several important fronts so far this year – removing some of the uncertainties that had been plaguing markets in 2019; the US has officially ratified the USMCA, the phase one trade deal with China and Japan has been signed, the...
The Weekly Macro Review and Outlook for w/c 13 January 2020
The weekly macro review for w/c 6 January 2020 - Our w/c 6 Jan 2020 macro review includes several of the larger releases from the last two weeks, focusing mainly on private sector manufacturing and services output. US manufacturing weakness was evident in the data out...
