News / Macro
Macro
Economy-wide conditions, indicators and policy.
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- Strip out the Iran inflation picture and the Fed would still be hiking. The US economy is strong enough on its own to warrant it, because that is what central banks do. They hike when things get hot. The inflation backdrop just makes the Fed more comfortable that the hike will not do much damage.
- US Wholesale Inventories (M/M) Sep F: 0.7% (est 0.6%; prev 0.6%)
- Germany Trade Balance (EUR) SA Sep: 15.6B (est 19.4B; prev 19.5B; prev R 17.9B)
- Revision | Germany Trade Balance (EUR) SA Sep: 15.6B (est 19.4B; prev 19.5B; prev R 17.9B)
- Norway PPI Including Oil (Y/Y) Oct: 59.0% (prev 48.8%)
- Germany Trade Balance (EUR) SA Sep: 15.6B (est 19.4B; prev 19.5B)
- Japan Leading Index Sep P: 116.4 (est 116.6; prev 118.0)
- China PPI (Y/Y) Oct: 5.7% (est 5.3%; prev 5.0%)
- China CPI (Y/Y) Oct: 0.7% (est 0.8%; prev 0.9%) also posted once more
- Japan Foreign Reserves Oct: $1179.1B (prev $1,178.4B)
- US Consumer Credit Surges By Most In Nearly 4 Years
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