Markets
🇺🇸 #Equities saw program seller, with 2032 names ⬇https://t.co/C13tpze6fC
— Christophe Barraud🛢🐳 (@C_Barraud) June 13, 2022
🇺🇸 #Biden ‘really aware’ of stock slide that erased all gains since Trump: White House – New York Posthttps://t.co/0wABKFtjTk
— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022
Economic Indicators and Prospects
🇺🇸 The US could be already in #recession with 2Q GDP exp close to 0% (https://t.co/a5ZtGH2jkm). Add the probability of 2 straight ⬇ quarters in H2 and we are at ~60% for this year.
— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022
*Be prepared for more ⬇ revisions.
*Bloomberg 2022 GDP consensus: 2.6%ehttps://t.co/YwaDX6Rj0p
Housing
Monetary Policy
🇺🇸 US Rates Have Biggest Two Days Since 1987, Jolting Global Assets – Bloomberg
— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022
*Link: https://t.co/KBMF5yrNOt pic.twitter.com/3CPO4meXeU
🇺🇸 #Fed Likely to Consider 0.75-Percentage-Point Rate Rise This Week – WSJhttps://t.co/srJ74DUr1F
— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022
🇺🇸 #Fed set to debate faster tightening to catch up with soaring #inflation – FThttps://t.co/Swj4mKxBta
— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022
Trade, Supply Chain and Geopolitics
🇺🇸 🇸🇦 #Biden to meet with Mohammed bin Salman in July visit to Saudi Arabia – NBChttps://t.co/VBcxVxGLhY
— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022
Covid-19
Mainland #China reports 60 local confirmed cases and 67 asymptomatic cases on June 13.🔽
— CN Wire (@Sino_Market) June 14, 2022
—#Beijing 42+ 31 cases🔼#Shanghai 3 + 14 cases🔽#InnerMongolia 15 + 9 cases🔽
—
Source: NHChttps://t.co/iKiQhEfECM https://t.co/ds4yymsXhh
🇨🇳 #China | #Beijing Cases Hit Three-Week High as Covid Czar Urges Action – Bloomberghttps://t.co/umN7vcjrSf
— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022
Economic Indicators and Prospects
China’s economy is teetering on the brink of a contraction this quarter https://t.co/r08J72GFEr
— Bloomberg Economics (@economics) June 14, 2022
🇨🇳 #China’s economy likely bottomed out for the year in 2Q, with several May data points to be released this week expected to show improvement, and high-frequency indicators showing continued recovery in June – CSJ
— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022
*Link (Chinese): https://t.co/vwikuoQx1v
🇨🇳 *FITCH CUTS #CHINA 2022 GDP FORECAST TO 3.7% FROM 4.3% – BBG
— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022
Monetary Policy
🇨🇳 #China economy: with more US tightening on the horizon, could this be #Beijing’s last chance to cut rates in 2022? – SCMPhttps://t.co/zoSJCsagZq
— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022
🇨🇳 Editorial in China Securities Journal backed view for cut, adding #China economy has room for targeted support, and to cut RRR and interest rates while keeping goal of stabilizing growth, maintaining sufficient liquidity.
— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022
*Link (Chinese): https://t.co/3oWEdJfURL
🇯🇵 #Japan #JPY | #BOJ boosted scheduled purchases of five-to-10-year debt to 800 billion yen ($6 billion) Tuesday from an expected 500 billion yen after the benchmark yield climbed to 0.255% — above the upper end of its 0.25% tolerance band – Bloomberg pic.twitter.com/qFrlEnhZw3
— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022
Fiscal Policy
Trade, Supply Chain and Geopolitics
🇺🇸 🇨🇳 High-Level US, #China Meeting Raises Prospects for Biden-Xi Call – Bloomberghttps://t.co/czNuDXcGno
— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022
Economic Indicators and Prospects
#Inflation rate at +7.9% in May 2022. https://t.co/aNpTkQJzTy pic.twitter.com/Ql295A56uX
— Destatis news (@destatis_news) June 14, 2022
#Wholesale #prices in May 2022: +22.9% on May 2021. https://t.co/YETBMabrBS pic.twitter.com/id27O0wCCr
— Destatis news (@destatis_news) June 14, 2022
🇬🇧 Business confidence tumbles to one-year low over inflation fears – Timeshttps://t.co/gg3Y92Peb3
— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022
The spending power of UK households falls the most in at least 21 years as wage increases are eaten up by the fastest inflation in decades, official figures show https://t.co/04RWHPcmXe
— Bloomberg Economics (@economics) June 14, 2022
Headline indicators for the UK labour market for February to April 2022 show that
— Office for National Statistics (ONS) (@ONS) June 14, 2022
▪️ employment was 75.6%
▪️ unemployment was 3.8%
▪️ economic inactivity was 21.3%
➡️ https://t.co/4xI3y3IZwv pic.twitter.com/5FmyXyxgYM
Monetary Policy
🇪🇺 #ECB Is Resolved to Face Down Bond Stress Without Divulging Plans – Bloomberg
— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022
*Link: https://t.co/EywGcYWctS pic.twitter.com/7vtvYp7NZB
ECB's Knot – Full Interview With Le Monde
— LiveSquawk (@LiveSquawk) June 14, 2022
*Translated By Google*
https://t.co/A5gHMnGMWQ pic.twitter.com/rBHW3vuq70
Politics
Even if Nupes probably won’t be able to implement much of its program, it will set to out to disrupt Macron’s plans with referendums, filibustering and parliamentary investigations https://t.co/4lS2lmPbaH
— Bloomberg (@business) June 14, 2022
Trade, Supply Chain and Geopolitics
Boris Johnson is betting once again that Brexit brinksmanship will bring results. But it's a desperate high-risk gamble, argues @ThereseRaphael1 https://t.co/o383xGEpYw
— Bloomberg Economics (@economics) June 14, 2022
⚠ #WeekAhead: Week 24 (2022) ⚠
— Christophe Barraud🛢🐳 (@C_Barraud) June 13, 2022
🇺🇸 🇬🇧 🇯🇵 🇨🇭 #Fed, #BOE, #BOJ, #SNB Meetings
🇪🇺 #ECB Speakers
🇺🇸 U.S. Data
🇺🇸 June Op-Ex
…https://t.co/OiaE5GhKXB
🌎 🇺🇸 Since more than 3 months, the consensus has remained particularly optimistic about the growth outlook.
— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022
*Be prepared for more downward revisions in the coming weeks.https://t.co/UCxu7UH0Hz pic.twitter.com/IL4YMlJW70
🇱🇾 #Libya’s #Oil Output Almost Halts With New Wave of Shutdowns – Bloomberghttps://t.co/MsiUJ7wvqa
— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022
🇮🇷 🇺🇸 #OOTT | #Tehran Says Atomic Deal Possible as Gloom Deepens: #Iran Snapshot – Bloomberghttps://t.co/aKDPmaXbOy
— Christophe Barraud🛢🐳 (@C_Barraud) June 13, 2022