Economic Indicators and Prospects
🇺🇸 No. 2 US Port Sees Consumer Demand Easing From Covid-Era Surge – Bloomberghttps://t.co/BIy02RPLow
— Christophe Barraud🛢🐳 (@C_Barraud) September 19, 2022
Housing
🇺🇸 US Homebuilder Sentiment Falls for a Ninth Month in Record Slide – Bloomberg
— Christophe Barraud🛢🐳 (@C_Barraud) September 19, 2022
*Homebuilder sentiment has fallen every month this year, the longest stretch of declines in data back to 1985.
*Link: https://t.co/JHCZCYPZrg pic.twitter.com/gd8zJFR7MU
🇺🇸 #Housing #Recession | Potential home buyers and sellers continue to hesitate, prices continue to soften (August 2022 Market Report) – Zillow
— Christophe Barraud🛢🐳 (@C_Barraud) September 19, 2022
*The typical home value fell 0.3% from July, the largest monthly decrease since 2011 ⚠
*Link: https://t.co/L4Q8E7vvcg pic.twitter.com/hBatDw5ym7
Price reductions inched up again this week to 40.6%
— Mike Simonsen 🐉 (@mikesimonsen) September 19, 2022
40% the homes on the market have taken a price cut in the last few months from the original list price
That's higher than recent years, but not super bearish
Keep a watch here. Do 6%+ mortgage rates cool demand further?
4/7 pic.twitter.com/8AJ1CbM4vn
🇺🇸 #Housing #Recession | Home-Flipper Opendoor Hit With Losses in Echo of Zillow Collapse – Bloomberghttps://t.co/BRZ5zJm11C
— Christophe Barraud🛢🐳 (@C_Barraud) September 20, 2022
Monetary Policy
Financial conditions tighter now than in mid-June pic.twitter.com/EFMcEQrYpr
— Mike Zaccardi, CFA, CMT (@MikeZaccardi) September 19, 2022
Trade, Supply Chain and Geopolitics
The Department of Energy will offer additional US reserve crude for sale ahead of plans by the European Union to ban most Russian oil in December https://t.co/BDhMl9bFOv
— Bloomberg (@business) September 20, 2022
Covid-19
Mainland #China reports 104 local symptomatic cases and 525 asymptomatic cases on September 19.🔽
— CN Wire (@Sino_Market) September 20, 2022
—#Guizhou 41 + 208🔽#Sichuan 33 + 37🔽#Tibet 16+ 160🔽#Heilongjiang 2 + 44🔼#Tianjin 3 + 15🔽
—
Source: NHC https://t.co/uETIQAnc1j pic.twitter.com/Yu51OJZkyN
Economic Indicators and Prospects
China’s Economy May Have Done Well In August But Outlook Remains Grim – CNBC https://t.co/ujjQ4uL0ts
— LiveSquawk (@LiveSquawk) September 20, 2022
🇯🇵 #Japan’s Inflation Hits 31-Year High, Creating Headaches for #BOJ – Bloomberg
— Christophe Barraud🛢🐳 (@C_Barraud) September 20, 2022
*Link: https://t.co/knoCZKFdL9 pic.twitter.com/H2BIjJ23DZ
Housing
China’s mortgage boycott may be picking up steam, even as authorities try to stem the crisis with support measures https://t.co/pXGbHHO4tN
— Bloomberg (@business) September 20, 2022
Monetary Policy
🇨🇳 Chinese Banks Keep Lending Rates Unchanged After PBOC Pauses – Bloomberg
— Christophe Barraud🛢🐳 (@C_Barraud) September 20, 2022
*Link: https://t.co/lbeB5oOx4z pic.twitter.com/0sYA9odD3p
Australia’s central bank said interest rates are getting closer to “normal settings,” according to minutes of its Sept. 6 meeting https://t.co/RR9rLwdAmZ
— Bloomberg Australia (@BloombergAU) September 20, 2022
Trade, Supply Chain and Geopolitics
China’s unwillingness to deliver more stimulus during the current international slowdown is putting more pressure on the US to support international growth, World Bank President David Malpass said https://t.co/eZXPUJzib0
— Bloomberg (@business) September 20, 2022
Economic Indicators and Prospects
🇩🇪 #GERMANY AUG. PRODUCER PRICES RISE 7.9% M/M; EST. +2.4%
— Christophe Barraud🛢🐳 (@C_Barraud) September 20, 2022
*GERMANY AUG. PRODUCER PRICES RISE 45.8% Y/Y; EST. +36.8%
➡ That's the highest M/M and Y/Y print with #Energy prices being the main driver.
*Energy prices on average were over double the same period last year, up 139%. pic.twitter.com/0CDYu6R78t
🇩🇪 #Bundesbank Says There Are Mounting Signs of #Recession in #Germany – Bloomberghttps://t.co/daEqjVWpA8
— Christophe Barraud🛢🐳 (@C_Barraud) September 19, 2022
Switzerland slashes growth, boosts inflation forecasts for 2023 https://t.co/UbsUyAUNUb via @bbenrath pic.twitter.com/EPCjC9UrCQ
— Zoe Schneeweiss (@ZSchneeweiss) September 20, 2022
Monetary Policy
🇸🇪 #Sweden | #Riksbank Kicks Off Global Hiking Push With 100 Basis-Point Move – Bloomberg
— Christophe Barraud🛢🐳 (@C_Barraud) September 20, 2022
*Link: https://t.co/UaMuT7dkJv pic.twitter.com/1LnTLqCk01
Markets Anticipate Two Three-Quarter Point BOE Hikes By Year-End – BBG https://t.co/81iy1QMvVc
— LiveSquawk (@LiveSquawk) September 20, 2022
Fiscal Policy
Dutch present $16 billion plan to ease energy crisis pain https://t.co/w3Rn2faP0x pic.twitter.com/EppjhuW90w
— Zoe Schneeweiss (@ZSchneeweiss) September 20, 2022
Italy’s Salvini wants $30 billion to aid companies hit by energy prices https://t.co/3l1B1cffiL via @danielelepido @chiaraalbanese @TEbhardt pic.twitter.com/lPlec2fRhg
— Zoe Schneeweiss (@ZSchneeweiss) September 19, 2022
European Investment Bank Resists Pressure To Fund Gas Projects – FT https://t.co/WaSVpp7nGm
— LiveSquawk (@LiveSquawk) September 20, 2022
Energy
EU prepares for contentious energy talks: Brussels Edition https://t.co/jzftl8wDqP via @DeutschJill pic.twitter.com/HVxNR6yREg
— Zoe Schneeweiss (@ZSchneeweiss) September 20, 2022
Trade, Supply Chain and Geopolitics
Liz Truss is pessimistic on a UK-US trade deal in the near future https://t.co/rSlseDd15B via @kitty_donaldson pic.twitter.com/FrK41menFQ
— Zoe Schneeweiss (@ZSchneeweiss) September 20, 2022
🌎 Bloomberg Economics' monthly global growth tracker fell to zero in July – Bloomberg TV Chart pic.twitter.com/q7SHwP6hO0
— Christophe Barraud🛢🐳 (@C_Barraud) September 20, 2022
🇺🇸 🇬🇧 Britain and the US are poor societies with some very rich people – FT
— Christophe Barraud🛢🐳 (@C_Barraud) September 19, 2022
*Link: https://t.co/b5aF7lVwjH pic.twitter.com/19tT9sJgtu