Consumers in many importing countries are suffering much harder than numbers tell. People paying 5 times more interest on debt now than 1 year ago will slowly but surely impact the financiel position. Only central banks dont see it happen. Many ...

Japan’s Exports Shrink for First Time in More Than Two Years

luckily EU surpassed US in the recession race and we are ready for lower rates any minute (:

RBNZ’s Orr Says Mild Recession ‘Bare Minimum’ to Tame Inflation

Thats why he turned to LIV. Betting is not allowed in Saudi I beleive ((-:

Phil Mickelson Wagered $1 Billion, Suffered Nearly $100 Million in Gambling Losses

You gotta call Inner Circle Trader as only he gets 100 out of 100 right. Rest of us will have to wait and see what the reaction is.

US CPI Inflation at Annual Rates, using July Nowcast

Obviously no recession yet if people are prepared to spend money on this

Musk says his cage fight with Zuckerberg will be streamed on X

Economy in Europe will be hit. Its just a matter of how hard and for how long. Many consumers are financed with variable debt and struggles tp pay interest on housing and car debt etc. It will be a long time before new plasma screens is a top ...

Major Shipper Maersk Warns Of Prolonged And Deeper Downturn In Global Trade

Increasing wages will lead to job cuts to bring things back to square.

German service sector shows a substantial loss of momentum at start of third quarter, while...

Anybody who still cannot see the troubles ahead for EU? It should be obvious that no further hiking is needed and that we should soon be looking into cutting.

German service sector shows a substantial loss of momentum at start of third quarter, while...

With all the things the former president did you wouldnt have to make up fake charges to put him away. Justice for all, including former presidents.

ADP National Employment Report: Private Sector Employment Increased by 324,000 Jobs in July;...

True sign of a strong economy and lots of buying power. ECB will definitively keep raising rates on the back of this development.

Import prices in June 2023: -11.4% on June 2022

He is talking about the economy and not necessarily inflation. And he is right, economy is softening (to say it least). Consumers in EU are suffering. And the inflation is losing steam at a rapid pace. Anybody not seeing this need to open their eyes ...

ECB's Vasle: The latest data shows the Euro-Area economy cooling

There are no need what so ever for another hike. The numbers speak for themselves. Consumers and businesses in Europe is bending over.

ECB's Stournaras: If a September hike comes, it will be the last

No they are not. Everybody can see that something need to be done except for the populists. Reforms are needed.

GDP increased significantly in Q2 2023 (+0.5% after +0.1%)

Weak external demand is true. But fact is also that europeans has no spare money once interest has been paid on debt. So either ECB pivot and start reducing or EU remain shut down for time to come.

Lagarde: Near-term eco outlook has deteriorated; Manufacturing output held down by weak...

The small retailer fish like most uf us in here are much better off just following the markets. We are not looking to position us for the next 12 months and dont need to open/exit positions over 12 trading days. So instead of speculating about where ...

Weekly commentary: Central bank inflation fight to carry on

little impact to the economy?

ECB Watch: Another hike but then what?

One thing that politicians and central bankers share is the inability to admit mistakes.

July ECB meeting preview: The interest rate peak may be within sight

Europeans has run out of money.

Business activity in France declines at fastest rate since November 2020 as contractions in...

What a shocker.

Germany PMI moves into contraction territory in July

m2 has been heavely reduced, actually at a pace never seen before. Therefore, inflation is done and dusted.

Has U.S. Already Won the Inflation Battle?