Blog | Cable FX Macro

📆Thursday Session Docket: S&P Global PMIs, Initial Jobless Claims, ECB 1Q Wages

May 22, 2024

📆Thursday Session Docket: S&P Global PMIs, Initial Jobless Claims, ECB 1Q Wages

**As seen in Online Tools>Calendar, subscribe at cablefxm.co.uk/reports Economic calendar sees S&P Global PMIs, EU consumer confidence,...

📝Current Implied ECB Easing Cycle Looks Cautious: Nordea

Rosbel Durán

May 22, 2024

📝Current Implied ECB Easing Cycle Looks Cautious: Nordea

The cumulative fall in ECB rates in the upcoming cutting cycle as implied by current market pricing is only around 160bp, which is less...

📝Expect German Inflation to Accelerate In May: UBS

Rosbel Durán

May 22, 2024

📝Expect German Inflation to Accelerate In May: UBS

German inflation is expected to accelerate in May and fluctuate around slightly higher levels, according to the Bundesbank monthly report...

💶🔺EUR/CHF Posts Longest Winning Streak Since 2022: Cable FX Macro

Rosbel Durán

May 22, 2024

💶🔺EUR/CHF Posts Longest Winning Streak Since 2022: Cable FX Macro

Euro-Swiss franc is up 0.2% on the day to 0.9906, the 8th consecutive session of gains is the longest winning streak since October 2022...

⚖️🇬🇧U.K. Gilts Underperform On Busy Session: Cable FX Macro

Rosbel Durán

May 22, 2024

⚖️🇬🇧U.K. Gilts Underperform On Busy Session: Cable FX Macro

The front-end of the Gilt curve is pressured as the docket saw tier-1 data on Wednesday. April consumer prices slowed less than expected,...

Rosbel Durán

May 21, 2024

🇺🇸📊U.S. Inflation Dashboard Update

**As seen in Online Tools>Inflation Dashboard, subscribe at cablefxm.co.uk/reports A fresh update release includes: Export/download data,...

🎈U.S. Inflation Surprise Index Drops to Lowest Since November: Cable FX Macro

Rosbel Durán

May 21, 2024

🎈U.S. Inflation Surprise Index Drops to Lowest Since November: Cable FX Macro

**As seen in Online Tools>Inflation Dashboard, subscribe at cablefxm.co.uk/reports April figures updated our U.S. inflation surprise...

🇺🇸🔺 Supercore Inflation Remains Above Average: Cable FX Macro

Rosbel Durán

May 21, 2024

🇺🇸🔺 Supercore Inflation Remains Above Average: Cable FX Macro

The April consumer prices report showed easing as the headline fell to 3.4% From the prior 3.5% Y/y, core CPI dipped to 3.6% from the...

📅Wednesday Docket: U.K. CPI, FOMC Meeting Minutes, ECB's Lagarde

Rosbel Durán

May 21, 2024

📅Wednesday Docket: U.K. CPI, FOMC Meeting Minutes, ECB's Lagarde

**As seen in Online Tools>Calendar, subscribe at cablefxm.co.uk/reports Ahead: Sweden employment, U.K. CPI and public finances, U.S. MBA...

🇬🇧❗️Cable FX Macro Weekly Note: U.K. April Consumer Prices

Rosbel Durán

May 21, 2024

🇬🇧❗️Cable FX Macro Weekly Note: U.K. April Consumer Prices

**As seen in Risk In The Week report 05/20/24, subscribe at cablefxm.co.uk/reports U.K. consumer prices rose 3.2% Y/y in March, this was...

🏦🇳🇿Cable FX Macro Weekly Note: RBNZ May OCR Decision

Rosbel Durán

May 21, 2024

🏦🇳🇿Cable FX Macro Weekly Note: RBNZ May OCR Decision

**As seen in Risk In The Week report 05/20/24, subscribe at cablefxm.co.uk/reports The RBNZ left rates unchanged in April at 5.50%, this...

📝Positioning For Further UKX Upside Via Options: Barclays Strategy

Rosbel Durán

May 21, 2024

📝Positioning For Further UKX Upside Via Options: Barclays Strategy

Interestingly, as shown in Figure 15, UKX's relative outperformance (esp. vs the SPX) has historically been associated with the shift...

📝Offshore Investors Think RBNZ Will Ease First: Westpac

Rosbel Durán

May 21, 2024

📝Offshore Investors Think RBNZ Will Ease First: Westpac

This has been a question of intense debate. Survey participants almost uniformly see this as a horse race between the RBNZ and Federal...

RPT--🇨🇦❗️Cable FX Macro Weekly Note: Canada April Consumer Prices

Rosbel Durán

May 21, 2024

RPT--🇨🇦❗️Cable FX Macro Weekly Note: Canada April Consumer Prices

**As seen in Risk In The Week report 05/20/24, subscribe at cablefxm.co.uk/reports Canada March consumer prices rose 2.9% Y/y, a touch...

Rosbel Durán

May 21, 2024

📝❗️Cable FX Macro Weekly Note

**as seen in Risk In The Week report 05/20/24, subscribe at cablefxm.co.uk/reports This week: Canada CPI RBNZ Decision U.K. CPI Japan CPI

📝 A Second Trump Term Likely to Step Up U.S. Protectionism: Rabobank

Rosbel Durán

May 17, 2024

📝 A Second Trump Term Likely to Step Up U.S. Protectionism: Rabobank

Arguments over whether, or the extent to which, China has breached intellectual property rights, offered unfair government subsidies to...

Rosbel Durán

May 15, 2024

📆Thursday Session Docket: Heavy

**As seen in Online Tools>Calendar, subscribe at cablefxm.co.uk/reports Economic calendar holds U.S. jobless claims, U.S. building...

🇨🇳❗️Cable FX Macro Weekly Note: China Industrial Production, Retail Sales

Rosbel Durán

May 15, 2024

🇨🇳❗️Cable FX Macro Weekly Note: China Industrial Production, Retail Sales

**As seen in Risk In The Week report, 05/10/24, subscribe at cablefxm.co.uk/reports China industrial output rose 4.5% Y/y in March, this...

🇦🇺❗️Cable FX Macro Weekly Note: Australia April Labour Report

Rosbel Durán

May 15, 2024

🇦🇺❗️Cable FX Macro Weekly Note: Australia April Labour Report

**As seen in Risk In The Week report 05/10/24, subscribe at cablefxm.co.uk/reports The Australian labour market contracted by 6.6K jobs...

📝Expect Core PCE Deflator Rising 0.25% In April: Wells Fargo

Rosbel Durán

May 15, 2024

📝Expect Core PCE Deflator Rising 0.25% In April: Wells Fargo

Taking into account today's CPI data and the April Producer Price Index report, we estimate the core PCE deflator, the Fed's preferred...