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 Review and Outlook for w/c 10 June 2019
The macro review for w/c 3 June 2019 - Developments on trade, increasing downside risks from trade tensions and low inflation had central bankers in the US, Europe, and Australia worried this week. The US Fed Chairman has put a rate cut into play. Chairman Powell...
The Macro Review and Outlook for w/c 3 June 2019
The weekly macro review for w/c 27 May 2019 - One of our key themes for the week had been growth and sentiment. Wrapped up in this was not only US growth data but also sentiment around trade negotiations. Trade talks with China remain on hold. China released a white...
The Macro Review and Outlook for w/c 27 May 2019
The weekly macro review for w/c 20 May 2019 - The FOMC minutes reflected a somewhat more upbeat, yet guarded view on growth and risks – “some of the risks and uncertainties that had surrounded their outlooks earlier in the year had moderated”. Unfortunately, the rates...
The Macro Review and Outlook for w/c 20 May 2019
The weekly macro review for w/c 13 May 2019 - Despite stimulus measures in place, economic data out of China continues to disappoint. This week, there was little follow through on industrial production with growth slowing back down to the lower pre-Mar level. Retail...
The Macro Review and Outlook for w/c 13 May 2019
The weekly macro review for w/c 6 May 2019 - The headlines this week continued to follow the US-China trade negotiations in the countdown to the Friday tariff deadline. The USTR has now been directed by President Trump to increase tariffs from 10 to 25% on approx....
The Macro Review and Outlook for w/c 6 May 2019
The weekly macro review for w/c 29 Apr 2019 - US data and events dominate the review this week and results are mixed. Weak inflation. The FOMC appears to be discounting the weaker core inflation growth reported this week, believing that ‘some transitory factors may be...
The Macro Review and Outlook for w/c 29 April 2019
The weekly macro review for w/c 22 April 2019 - US GDP growth accelerated higher in Q1. The underlying drivers of growth provide a mixed message on economic activity. Growth was higher on the back of faster export growth, coupled with declining imports (higher net...
The Macro Review and Outlook for w/c 22 April 2019
The weekly macro review for w/c 15 Apr 2019 - China economic data continued to improve this week. While there was faster growth in industrial production and retail sales in Mar, this was yet to be reflected in the quarterly GDP growth result. The Q1 2019 GDP growth...
The Macro Review and Outlook for w/c 15 Apr 2019
The weekly macro review for w/c 08 Apr 2019 - Data out late in the week confirmed the large degree of monetary stimulus now supporting the Chinese economy. Growth in total social financing in Q1 increased by +10.7% versus the same time a year ago. China’s trade data...
The Macro Review and Outlook for w/c 8 April 2019
The weekly macro review for w/c 1 April 2019 - The rebound in the official China NBS Manufacturing PMI for Mar set a positive tone for the week. The underlying drivers of expansion suggest that improvements in production and new orders signal that measures to...
