RANsquawk Week Ahead video: 12th October - BoJ minutes are released on Tuesday, while investment banks are in focus as earnings season reaches full swing, with analysts looking for any effects of the global slowdownSubmitted by RANSquawk Video on 10/12/2015 06:11 -0400
- BoJ minutes are due to be released on Tuesday with multiple central bank speakers on the slate to supplement the calendar
- Investment Banks are in focus as earnings season starts in full swing, with analysts looking for whether the global slowdown had an impact on results
RANSQUAWK WEEKLY WRAP: 9th October 2015 - Dovish Fed minutes have contributed to downside in the USD and helped bolster global equities, while next week kicks off with Columbus day with highlights include US retail sales and Univ. of Michigan sentimentSubmitted by RANSquawk Video on 10/09/2015 09:35 -0400
It was supposed to be the day China's triumphantly returned to the markets from its Golden Holiday week off, and with global stocks soaring over 5% in the past 7 days, hopes were that the Shanghai Composite would close at least that much higher and then some, especially with the "National Team" cheerleading on the side and arresting any sellers. Sure enough, in early trading Chinese futures did seem willing to go with the script, and then everything fell apart when a weak Shanghai Composite open tried to stage a feeble rebound into mid-session, and then closed near the day lows even as the PBOC injected another CNY120 bn via reverse repo earlier.
RANSQUAWK PREVIEW VIDEO: Market participants look to the Fed minutes release to assess the viability of a rate-hike in 2015Submitted by RANSquawk Video on 10/07/2015 14:17 -0400
RANsquawk Video: BoE October rate decision and minutes preview - Rate and vote split exp. to remain at 0.50% and 8-1 respectively, focus will be on whether the BoE adopt a more dovish stanceSubmitted by RANSquawk Video on 10/06/2015 08:13 -0400
RANSQUAWK WEEK AHEAD - 5th October: BoJ, RBA and BoE are all set to announce their latest rate decision this week, while the FOMC will release the minutes from their September meeting, while Alcoa unofficially kick off earning season on Wall St.Submitted by RANSquawk Video on 10/05/2015 07:53 -0400
· BoJ, RBA and BoE are all set to announce their latest rate decision this week, while the FOMC will release the minutes from their September meeting
· Alcoa unofficially kick off earning season on Wall St., with analysts forecasting the first Y/Y EPS decline since 2009
With China markets closed for holiday until the middle of next week, and little in terms of global macro data overnight (the only notable central banker comment overnight came from Mario Draghi who confidently proclaimed that "economic growth is returning" which on its own is bad for risk assets), it was all about the USDJPY which has seen the usual no-volume levitation overnight, dragging both the Nikkei higher with it, and US equity futures, which as of this moment were at session highs, up 7 points. The calm may be broken, though, as soon as two hours from now when the September "most important ever until the next" payrolls report is released.
Asian Equities Tumble On Commodity Fears; US Futures Rebound After India "Unexpectedly" Eases More Than ExpectedSubmitted by Tyler Durden on 09/29/2015 06:52 -0400
It was a tale of two markets overnight: Asia first - where all commodity hell broke loose - and then Europe (and the US), where central banks did everything they could to stabilize the already terrible sentiment.
RANSQUAWK WEEK AHEAD VIDEO: 28th September 2015 - Friday sees the latest nonfarm payroll report from the US, with surveyed expectations for the reading at 200k while this week also sees the advance reading of Eurozone & German CPI for SeptemberSubmitted by RANSquawk Video on 09/28/2015 10:02 -0400
· Friday sees the latest nonfarm payroll report from the US, with surveyed expectations for the reading at 200k
· This week sees the advance reading of Eurozone and German CPI for September, which may see added attention given recent suggestions the ECB may expand QE
It was all about China once again, where following a report of a historic layoff in which China's second biggest coal producer Longmay Group fired an unprecedented 100,000 or 40% of its workforce, overnight we got the latest industrial profits figure which plunging -8.8% Y/Y was the biggest drop since at least 2011, and which the National Bureau of Statistics attributed to "exchange rate losses, weak stock markets, falling industrial goods prices as well as a bigger rise in costs than increases in revenue." In not so many words: a "hard-landing."
RANSQUAWK 'WEEKLY WRAP': 25th September 2015 - ECB and Fed rhetoric has been less dovish than expected this weekSubmitted by RANSquawk Video on 09/25/2015 08:41 -0400
Futures Plunge On Renewed Growth, Central Bank Fears; Volkswagen Shares Crash As Default Risk SurgesSubmitted by Tyler Durden on 09/22/2015 06:49 -0400
While Asian trading overnight started off on the right foot, chasing US momentum higher, things rapidly shifted once Europe opened as attention moved back to global growth fears, global central banks losing credibility, as well as miners and the ongoing Volkswagen fiasco.
RANsquawk Week Ahead 21st September: Comments from Fed speakers could see focus this week given dovish rhetoric at last week’s rate decision, with Yellen, Lockhart, Bullard and George all scheduled to speakSubmitted by RANSquawk Video on 09/21/2015 08:19 -0400
· Comments from Fed speakers could see additional focus this week given the dovish rhetoric seen at last week’s press conference, with Yellen, Lockhart, Bullard and George all scheduled to speak.
· Outside of America, Europe sees the German IFO survey release, while markets will also look towards the release of China’s Caixin PMI.
The long awaited day is finally here by which we, of course, mean the day when nobody has any idea what the Fed will do, the Fed included. Putting today in perspective, there have been just about 700 rate cuts globally in the 3,367 days since the last Fed rate hike on June 29, 2006, while central banks have bought $15 trillion in assets, and vast portions of the world are now in negative interest rate territory.