Economic Indicators and Prospects
November Vehicle Sales Forecast: Down slightly from October; Up 11% Year-over-year https://t.co/W3jIrwjCQ0 pic.twitter.com/272neCnbzt
— Bill McBride (@calculatedrisk) November 22, 2022
Housing
26% cancellation rate for home builders in October. Tomorrow's new home sales release won't reflect what's really happening with dropped contracts. pic.twitter.com/KuPS9lDMas
— Rick Palacios Jr. (@RickPalaciosJr) November 22, 2022
Lawler: Likely "Dramatic shift" in Household Formation has "Major implications" for 2023
— Bill McBride (@calculatedrisk) November 22, 2022
Early Look at the 2022 CPS/ASEC Household Data https://t.co/apDC4GbWfN pic.twitter.com/pNJJCyxujm
Monetary Policy
Cleveland Fed President Loretta Mester says she and her colleagues were fully focused on tackling high inflation and would use their tools to get the job done https://t.co/Db8EY5htnU
— Bloomberg Economics (@economics) November 22, 2022
Fed Minutes Set To Show Breadth Of Support For Higher Peak Rate – BBG https://t.co/nRyJBovEZy
— LiveSquawk (@LiveSquawk) November 23, 2022
Trade, Supply Chain and Geopolitics
U.S says G7 should soon unveil price cap level on Russian oil, adjust regularly https://t.co/bme2OtDY2f pic.twitter.com/yVUUtH7nWn
— Reuters (@Reuters) November 23, 2022
Covid-19
$AAPL Violent Protests Erupt At Apple's Main iPhone Plant In China – BBG https://t.co/XjiGCqSzNb
— LiveSquawk (@LiveSquawk) November 23, 2022
China Should Use Targeted Moves In Covid Control – Economic Daily https://t.co/yBCU8z4eA7
— LiveSquawk (@LiveSquawk) November 23, 2022
Economic Indicators and Prospects
Australian Private Sector Output Contracts Faster In November – S&P https://t.co/o54754ewHZ pic.twitter.com/yZaylsK1Wr
— LiveSquawk (@LiveSquawk) November 22, 2022
China Must Brace For ‘Big Blow’ After Lifting Of Zero-Covid Policy, Economist Warns – SCMP https://t.co/yGHilh3GxI
— LiveSquawk (@LiveSquawk) November 23, 2022
The total realized income of #China's #gaming industry increased by 4.66% m/m in October to 19.77 billion yuan, the first monthly growth in six months even though an 18% drop y/y, according to CNG.
— CN Wire (@Sino_Market) November 23, 2022
Client games +20.7% y/y, while mobile games -27.7%. pic.twitter.com/jHvm7VK5fD
Housing
Fitch releases the #China #Property Developers Outlook 2023 today, seeing no material improvement in the operating environment, as homebuyers’ confidence remains fragile, expecting a 0%-5% y/y decline in annual contracted sales.#realestatehttps://t.co/4QmNJvjRsu
— CN Wire (@Sino_Market) November 23, 2022
Monetary Policy
The Monetary Policy Committee today increased the Official Cash Rate (OCR) from 3.5 percent to 4.25 percent to ensure inflation returns to its target range over the medium-term. Read more here: https://t.co/2LvBaXu7CM #rbnz pic.twitter.com/i3uZoi8hMv
— Reserve Bank of NZ (@ReserveBankofNZ) November 23, 2022
New Zealand's Central Bank Raises Rates By 75bps – RTRS https://t.co/hRDNZgWaKF
— LiveSquawk (@LiveSquawk) November 23, 2022
Australia To Raise Key Rate To 3.6% To Cool Prices, Survey Shows – BBG https://t.co/6F0k3972RB
— LiveSquawk (@LiveSquawk) November 23, 2022
Trade, Supply Chain and Geopolitics
China And Australia On Verge Of First Military Talks Since 2019 – AFR https://t.co/p63HLYLMLx
— LiveSquawk (@LiveSquawk) November 22, 2022
Economic Indicators and Prospects
Housing
UK Mortgage Rates On Five-Year Fixes Tip Below 6 Per Cent – FT https://t.co/EOYdIhfN1d
— LiveSquawk (@LiveSquawk) November 23, 2022
Monetary Policy
ECB's Simkus Says Half-Point December Rate Hike Is The Minimumhttps://t.co/0TNZcIEZ6t
— LiveSquawk (@LiveSquawk) November 22, 2022
ECB’s Guindos: Euro-Zone Economy Likely To Contract In Fourth Quarter, First Quarter
— LiveSquawk (@LiveSquawk) November 23, 2022
Fiscal Policy
🇪🇺 @EUCouncil gives go-ahead to #EUbudget for 2023 💶
— EU Council Press (@EUCouncilPress) November 22, 2022
🔍 The detailed information on commitments and payments per budget line is now available.
Read our press release 👇https://t.co/kMAm9fuiIt
Energy
Europe faces the first test of its winter energy resilience https://t.co/mmgvzXbd2n pic.twitter.com/zNbsJLavmi
— Zoe Schneeweiss (@ZSchneeweiss) November 22, 2022
Trade, Supply Chain and Geopolitics
2/ Scottish democracy will not be denied.
— Nicola Sturgeon (@NicolaSturgeon) November 23, 2022
Today’s ruling blocks one route to Scotland’s voice being heard on independence – but in a democracy our voice cannot and will not be silenced.
I'll make a full statement later this morning – tune in around 11.30am