Markets
Citigroup strategists say tech stocks’ 31% rally this year is at risk of petering out https://t.co/qtdhHu30nx
— Bloomberg Markets (@markets) May 31, 2023
*Focus on banks
🇺🇸 #FDIC Says Banks With Weaknesses Increased in First Quarter – Bloomberghttps://t.co/PRVj9Mzkdl
— Christophe Barraud🛢🐳 (@C_Barraud) May 31, 2023
Economic Indicators and Prospects
🇺🇸 *US APRIL JOB OPENINGS 10.103M (3-month high); EST. 9.400M – BBG
— Christophe Barraud🛢🐳 (@C_Barraud) May 31, 2023
*Quits Rate fell to 2.4% (lowest since Feb. 2021) pic.twitter.com/fojZ5hjWA9
Housing
MBA: Mortgage Applications Decreased in Weekly Surveyhttps://t.co/Kbe8ktqMHa pic.twitter.com/qC5ZWHJeAt
— Bill McBride (@calculatedrisk) May 31, 2023
Freddie Mac House Price Index Increased Slightly in April; Up 0.3% Year-over-year https://t.co/IRKiFKXmIr pic.twitter.com/HC3TSWQsMQ
— Bill McBride (@calculatedrisk) May 31, 2023
Monetary Policy
PRESS RELEASE: Beige Book (May 2023)https://t.co/USLx4ByPbC pic.twitter.com/H9FvPjonyy
— LiveSquawk (@LiveSquawk) May 31, 2023
🇺🇸 US Economy Has Signs of Cooling as Hiring and Inflation Ease, #Fed’s Beige Book Shows—Bloomberghttps://t.co/t87u2RHyd0
— Christophe Barraud🛢🐳 (@C_Barraud) June 1, 2023
Fed's Beige Book: "Economic activity was little changed … Residential real estate activity picked up"https://t.co/C5sNmfmK8H
— Bill McBride (@calculatedrisk) May 31, 2023
The Fed is firming up plans to slow down the pace of rate rises by skipping a June hike, barring a blowout jobs report on Friday https://t.co/0lj03snrNW
— Nick Timiraos (@NickTimiraos) May 31, 2023
Fiscal Policy
The House passes legislation to raise the debt limit, sending it to the Senate for consideration as a default deadline nears https://t.co/Cr0KevOID6
— Bloomberg (@business) June 1, 2023
US House passes hard-fought debt-ceiling bill, Senate next to vote https://t.co/kHOpwabhAU
— South China Morning Post (@SCMPNews) June 1, 2023
*Treasury Cash Pile Shrank to $37.4b on May 30, Least Since 2017
— *seven (@sevenloI) May 31, 2023
*Treasury Cash Pile Hits New Low as Debt-Cap Wrangling Persists
Trade, Politics and Geopolitics
US Defence Chief Warns Incidents With China’s Military Could ‘Spiral Out Of Control’ – FT https://t.co/7QvudmvUqt
— LiveSquawk (@LiveSquawk) June 1, 2023
Markets
Stocks Rise as Fed Talk, Debt Deal Buoys Sentiment: Markets Wrap https://t.co/VdYT9kljqd
— YU HAO YU (@cestleiden) June 1, 2023
Economic Indicators and Prospects
🇨🇳 #China’s Mixed Factory Surveys Show Recovery Still Uncertain – Bloomberghttps://t.co/HWhdnvuFLh pic.twitter.com/dMiP0nQjGw
— Christophe Barraud🛢🐳 (@C_Barraud) June 1, 2023
Asia’s factories saw further easing in demand in May as China’s faltering recovery weighed on a region already smarting from a global trade downturn https://t.co/dIMhoyJNG3
— Bloomberg Economics (@economics) June 1, 2023
#Korean #exports serve as a barometer of international #trade as the nation sells items such as chips, displays and refined oil, which straddle #supply lines.https://t.co/548QWYlNfY
— ET RISE (@ET_RISE) June 1, 2023
Monetary Policy
IMF Urges BoJ To Keep Ultra-Low Rates, But Be Ready To Shift Course – RTRS https://t.co/DAw4yGlgd7
— LiveSquawk (@LiveSquawk) June 1, 2023
⚡PBOC cuts the $CNY Central Parity Rate by 144 pips to 7.0965 per USD.
— CN Wire (@Sino_Market) June 1, 2023
The central bank conducts a 2 billion yuan 7-day RRP, letting 5 bln yuan drain from the market on a net basis as 7 bln yuan due today.#China $USDCNY pic.twitter.com/2nBaM28Itm
Trade, Politics and Geopolitics
Why the US and Chinese defence ministers should meet at the Shangri-La Dialogue https://t.co/EduGLmCsFf
— South China Morning Post (@SCMPNews) June 1, 2023
Economic Indicators and Prospects
🇩🇪 🇪🇺 German #Inflation Slows Significantly as #ECB Hikes Near End – Bloomberghttps://t.co/T0unxBU1od pic.twitter.com/oJzpuI6jSH
— Christophe Barraud🛢🐳 (@C_Barraud) May 31, 2023
UK Advertised Salaries Hit Two-Year High In April, Adzuna Finds – RTRS https://t.co/wW9c096VQ5
— LiveSquawk (@LiveSquawk) May 31, 2023
There is basically no doubt left that Sweden is entering a pretty material recession in the industry
— AndreasStenoLarsen (@AndreasSteno) June 1, 2023
PMI printing at 40.6 this morning – 3rd weakest level ever pic.twitter.com/vnGO17Gd2u
Housing
Swiss Face Rent Hikes With First Mortgage Gauge Jump In 15 Years – BBG https://t.co/eAqIoFDxkk
— LiveSquawk (@LiveSquawk) June 1, 2023
UK House Prices Fall Again With Warning Of Increasing Headwinds – BBG https://t.co/IQxK5gEY04
— LiveSquawk (@LiveSquawk) June 1, 2023
Monetary Policy
ECB Warns BoJ Policy Change Could Test Global Bond Markets – BBG https://t.co/cNmX5qEYtA
— LiveSquawk (@LiveSquawk) June 1, 2023
SNB can’t allow core inflation over 2% for too long, Jordan says https://t.co/WlIvjiEHjD via @bbenrath pic.twitter.com/FcJwjuC7nQ
— Zoe Schneeweiss (@ZSchneeweiss) June 1, 2023
Fiscal Policy
Macron’s Plan to Cut French Debt Burden Is Running Aground https://t.co/WvqeAsUNCQ
— William Horobin (@WHorobin) June 1, 2023
Italy starts €1 billion sovereign fund for key supply chains https://t.co/nRFE5DopSO via @chiaraalbanese @Al_Brambilla pic.twitter.com/rz2sh3HDui
— Zoe Schneeweiss (@ZSchneeweiss) May 31, 2023
BOE’s Mann says pandemic-era savings are still fueling inflation https://t.co/LDnqNfT4j8 via @LucyGJWhite @tomelleryrees pic.twitter.com/bHXmMWGXAl
— Zoe Schneeweiss (@ZSchneeweiss) May 31, 2023
Trade, Politics and Geopolitics
Brussels Plans Four-Year Financial Support For Ukraine – FT https://t.co/KirZUcglGQ
— LiveSquawk (@LiveSquawk) June 1, 2023
US and EU narrow gap on China but remain split on trade tactics https://t.co/tJSCYEtobe via @europressos @DeutschJill pic.twitter.com/608ZVk6kJF
— Zoe Schneeweiss (@ZSchneeweiss) May 31, 2023
Emmanuel Macron says Russia’s invasion of Ukraine has reawakened NATO almost four years after he branded the military alliance brain dead https://t.co/byVx61zUjC
— Bloomberg (@business) May 31, 2023
⚠ #WeekAhead: Week 22 (2023) ⚠
— Christophe Barraud🛢🐳 (@C_Barraud) May 29, 2023
🇺🇸 #Fed Beige Book
🇪🇺 #ECB Minutes
🇬🇧 🇪🇺 🇺🇸 #BOE, #ECB and #FED Speakers
🇪🇺 #Eurozone CPI
🇺🇸 US Employment Report
🇨🇳 #China PMIs
🛢 #OPEC Meeting
…https://t.co/kFDFxb5KfS