Economic Indicators and Prospects
🇺🇸 Proxies suggest that retail sales (nominal terms) remained resilient in April but a downward normalization could happen in the coming months.
— Christophe Barraud🛢🐳 (@C_Barraud) May 10, 2022
*Real consumption will be also affected by the rebound in gasoline prices and the ongoing rise of rents.https://t.co/6XYygNcJIq
🇺🇸 *U.S. RETAIL #GASOLINE PRICE HITS RECORD $4.374/GALLON – BBG
— Christophe Barraud🛢🐳 (@C_Barraud) May 10, 2022
A high share of banks are reporting stronger demand for credit card and auto loans pic.twitter.com/R8jIlR2t3w
— Mike Zaccardi, CFA, CMT (@MikeZaccardi) May 9, 2022
Housing
On net banks are reporting weaker demand for residential mortgages. pic.twitter.com/ZsKa9010Hr
— Mike Zaccardi, CFA, CMT (@MikeZaccardi) May 9, 2022
Monetary Policy
The Federal Reserve warned of deteriorating liquidity conditions across key financial markets in a semi-annual report published Monday https://t.co/uAytpB9if1
— Bloomberg Economics (@economics) May 9, 2022
Atlanta Fed President Raphael Bostic said he favors policy makers continuing to raise rates by half-point increments rather than doing anything larger https://t.co/kcEPNgOIaK
— Bloomberg Economics (@economics) May 9, 2022
SF Fed Paper Says Yield Curve Doesn’t Signal Big Recession Risk – WSJ
— LiveSquawk (@LiveSquawk) May 10, 2022
https://t.co/Dpp6uCjLXG
Politics
President Biden Is To Speak Today, Regarding Inflation At 1130 ET, 1530 GMT – ForexLive https://t.co/okshn3Yes8
— LiveSquawk (@LiveSquawk) May 10, 2022
TUESDAY: Treasury @SecYellen testifies on Annual Financial Report @senatebanking @bankinggop – LIVE at 10am ET on C-SPAN https://t.co/IK2H8wlBeI pic.twitter.com/HF54LMyDdn
— CSPAN (@cspan) May 10, 2022
Trade, Supply Chain and Geopolitics
🇯🇵 🇷🇺 #JAPAN'S IDEMITSU WON'T IMPORT RUSSIAN #OIL GOING FORWARD: CEO – BBG
— Christophe Barraud🛢🐳 (@C_Barraud) May 10, 2022
Covid-19
Shanghai Suspends Its Last Two Available Subway Lines – The Paper https://t.co/FIVB7YSOG6
— LiveSquawk (@LiveSquawk) May 10, 2022
🇨🇳 #China | According to Airportia data, air traffic bottomed out but remains down ~75% YoY ⚠
— Christophe Barraud🛢🐳 (@C_Barraud) May 10, 2022
*Link: https://t.co/caXp67Jqn6 pic.twitter.com/PLCjG1GQ1Z
Economic Indicators and Prospects
Japan Household Spending Beats Expectations, But Inflation Risks Loom – RTRS https://t.co/gHnB0TRqmX
— LiveSquawk (@LiveSquawk) May 10, 2022
Australia Business Sentiment Holds Up Amid Acute Cost Pressures – BBG https://t.co/JK5WbrMCFf
— LiveSquawk (@LiveSquawk) May 10, 2022
Housing
China’s fourth-largest developer by sales is approaching a possible default.
— Bloomberg (@business) May 10, 2022
Here's the latest on Chinese property developers⬇️ https://t.co/rJjLLdSBe5
Monetary Policy
PBoC Injects 10Bln Yuan Of 7 Day Reverse Repo At 2.1%; Injecting A Net Of 10Bln Yuan In Open Market Ops
— LiveSquawk (@LiveSquawk) May 10, 2022
Trade, Supply Chain and Geopolitics
South Korea’s New President: Will Present 'Audacious Plan' To Strengthen North Korean Economy If It 'Genuinely' Embarks On Process To Denuclearisation
— LiveSquawk (@LiveSquawk) May 10, 2022
Economic Indicators and Prospects
🇬🇧 U.K. Retail Sales Hit by Cost of Living Shock in April, BRC Says – Bloomberghttps://t.co/HkJkn6VLpG
— Christophe Barraud🛢🐳 (@C_Barraud) May 10, 2022
Ukraine’s economy will plunge by almost a third in 2022, more than previously expected, in a scenario where the war ends this year, the European Bank for Reconstruction and Development says https://t.co/AFglxNj1k5
— Bloomberg Economics (@economics) May 10, 2022
Monetary Policy
Trade, Supply Chain and Geopolitics
The latest updates on Russia's invasion of Ukraine https://t.co/Abzrf7KtmS
— Bloomberg Economics (@economics) May 10, 2022
🇬🇧 🇪🇺 #Brexit | Liz Truss set to ditch Northern Ireland protocol after giving up on EU talks – Timeshttps://t.co/qTx7nHsdwo
— Christophe Barraud🛢🐳 (@C_Barraud) May 10, 2022
Focus on Sanctions
🇭🇺 🇪🇺 🇷🇺 #Hungary Cites ‘Some Progress’ in EU Talks on Russian #Oil Embargo – Bloomberghttps://t.co/GNT5wjH7qt
— Christophe Barraud🛢🐳 (@C_Barraud) May 10, 2022
⚠ #WeekAhead: Week 19 (2022) ⚠
— Christophe Barraud🛢🐳 (@C_Barraud) May 9, 2022
🇷🇺 #Russia Victory Day
🇺🇸 U.S. CPI and PPI
🇺🇸 🇪🇺 #Fed & #ECB Speakers
…https://t.co/841FLNyKdW