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 Outlook for w/c 25 February 2019
The weekly macro brief for w/c 25 February 2019 - Several key events will be in focus this week; 1.US President Trump will meet with North Korean Supreme Leader Kim Jong-un in Vietnam. While not directly related to the markets, headlines could impact sentiment. 2. US...
The Macro Review and Outlook for w/c 18 February 2019
The weekly macro review for w/c 11 February 2019 - Weaker industrial production and external trade were key themes this week. Key industrial production reports were weaker with output declining in Japan (Dec), the EU (Dec) and the US (Jan) in the month. Output in...
The Macro Review and Outlook for w/c 11 February 2019
The macro review for w/c 4 February 2019 - Growth downgrades were announced during the week by the EC, the BoE and the RBA. The EC lowered growth forecasts for Euro area GDP; +1.3% in 2019 and 1.6% in 2020 (Autumn Forecast: 1.9% in 2019; 1.7% in 2020). Italy is...
The Macro Review and Outlook for w/c 4 February 2019
The macro review w/c 28 January 2019 - Despite the looming trade talks, the US proceeded to officially request the extradition of Huawei CFO Meng as well as announce further criminal charges against Huawei. Little detail was provided regarding the trade talk outcomes...
The Macro Review and Outlook for w/c 28 January 2019
The macro review for w/c 21 January 2019 - The slow-down in global trade (and growth) continued to be a key theme from the data last week. The US data was somewhat stronger, but there were some mixed results. The two regional surveys showed some improvement in...
The Macro Review and Outlook for w/c 21 January 2019
The macro review for w/c 14 January 2019; A much quieter week on the central bank front. Both key speeches this week by ECB President Mario Draghi and NY Fed President John Williams reiterated the central banks’ commitment to deploy their policy tools “if and when” it...
The Macro Review and Outlook for w/c 14 January 2019
The macro review for w/c 7 January 2019 - The stance of several key central banks has now shifted from removing policy accommodations to a ‘wait and see’ approach as growth concerns increase. Fed speeches throughout the week and the FOMC minutes, continued to...
The Macro Review and Outlook for w/c 7 January 2019
The macro review for w/c 31 December 2018 - Several central banks stepped in to calm the markets last week. First, US Fed Chairman Powell made it explicit that the Fed will be flexible and will adjust policy, and significantly, if required. Chairman Powell referenced...
The Weekly Macro Brief w/c 31 December 2018
We pick up the new year with a full schedule of data, heavy treasury issuance, Fed speeches and ongoing trade negotiations. Heavy supply of US treasuries to be settled this week with the US Treasury settling approx. $298bn in bill and note auctions throughout the...
Macro Review for w/c 17 December 2018
The most anticipated event of the week was the FOMC meeting. The FFR was increased for the fourth time this year. The statement of the decision had an unexpected hawkish tone including retaining the reference to “further hikes”. Chairman Powell’s news conference,...
