Markets in 5 Charts – Week Ending 11/18/22

Upcoming Data Releases: Weekly Headlines: Missile strikes Poland, killing 2, while G20 leaders attend summit in Bali. There remains contention as to the source of the missile. UK embarks on £55bn austerity plan. Republicans secure control of the House. Layoffs in tech continue to grab headlines. US PPI slightly below expectations, in line with last … Read more

Markets in 5 Charts – Week Ending 11/11/22

Upcoming Data Releases: Weekly Headlines: US midterms election results that have finalized tend to show a disappointing outcome for Republicans. The Senate is split with 2 seats still contested, giving the Democrats an opportunity to increase Senate control. House skews Republican, with 19 races still undecided, but Republican majority likely to be smaller than hoped … Read more

Markets in 5 Charts – Week Ending 11/04/22

Upcoming Data Releases: Weekly Headlines: Rate hikes move markets last week, as both the FED and BoE deliver 75 bps hikes. This was particularly unprecedented for the BoE. US employment comes in generally strong with JOLTs Job Openings, ADP Employment Change and Non Farm Payrolls all above expectations. Unemployment up to 3.7% on the other … Read more

Markets in 5 Charts – Week Ending 10/28/22

Upcoming Data Releases: Weekly Headlines: Rishi Sunak becomes prime mister of the UK. US markets trended higher over the week as earnings continue. Some oil company earnings in particular hit record levels. US home sales come slightly above expectations in September. US GDP comes out at 2.6% growth in the third quarter. PCE spending above … Read more

Markets in 5 Charts – Week Ending 10/21/22

Upcoming Data Releases: Weekly Headlines: Liz Truss resigns as UK prime minister, sparking new dealings for the next Prime Minister amidst calls for a snap election. Giorgia Meloni sworn in as Italy’s first female Prime Minister, representing the Brothers of Italy party. China wraps on 20th Party Congress, culminating in the retirement of Premier Li … Read more

Markets in 5 Charts – Week Ending 10/14/22

Upcoming Data Releases: Weekly Headlines: In earnings this week, bank revenues tended to expand while profit margins tended to contract. Kwasi Kwarteng fired as UK Chancellor, replaced by Jeremy Hunt. In economic data, US inflation once again comes in above expectations, though seesaw markets on Thursday helped the SPX end week down just 87 points. … Read more

Markets in 5 Charts – Week Ending 10/07/22

Weekly Headlines: OPEC+ cuts oil production by 2mm barrels. UK reverses course on planned tax cuts. Deal to take Twitter private back on the table. Binance hit by $547mm hack. In US economic releases, ISM Manufacturing PMI comes in below forecasts. Job openings drop below consensus as well. However, chances of FED pivot unlikely as … Read more

Markets in 5 Charts – Week Ending 10/01/22

Weekly Headlines: GBP/USD rate collapses to 1.03 on Monday. Gilt credit crunch due to new UK administrations “mini-budget” forces BoE back into QE on long end of curve. Russia annexes 4 regions of Ukraine. In US data releases, durable goods orders come in better than expect, down 0.2% MoM. New homes sales in AUG exceed … Read more

Markets in 5 Charts – Week Ending 9/16/22

Weekly Headlines: US inflation data higher than expected on Tuesday causing market sell off. Retail sales data release above estimates. US rail unions reach deal to avert rail strike. Upcoming Data Releases: Broad sell off occurs. Bonds finding lower lows, equities back to ytd lows. Commodity prices lower, but ranges remain strong. Fred curve shows … Read more

Markets in 5 Charts – Week Ending 9/9/22

Weekly Headlines: US Non-manufacturing PMI comes in above forecast. Ukraine counteroffensive continues to find success. ECB raises rates by 75 bps. Nord Stream 1 pipeline remains shut. Upcoming Data Releases: Relief in bond and equity markets this week, however, commodity prices continue to correlate with positive market sentiment. Dollar softens this week. Commodity prices up … Read more