SignalPlus Morning Briefing (13 Jun 2024)
The big macro double-header day was finally upon us, and things certainly didn’t disappoint. CPI started us off with a much softer than expected print, with core rising 0.16% MoM…
The big macro double-header day was finally upon us, and things certainly didn’t disappoint. CPI started us off with a much softer than expected print, with core rising 0.16% MoM…
Tonight’s CPI data, the decisions of the FOMC meeting, and the Federal Reserve’s outlook on interest rates are undoubtedly the focal points of market attention. The yield on the 10-year…
The U.S. is set to hold a new session of the FOMC meeting early Thursday morning. Prior to this, significant CPI inflation data will be released Wednesday night, leaving global…
Markets continued their risk-on squeeze thanks to softer labour conditions from ADP (152k vs 175k) and softer US Services PMI employment components. Survey respondents noted “adjustments to our employment level,…
Yesterday (June 3rd), the U.S. Manufacturing PMI recorded a reading of 48.7, which was below expectations and the previous value. Additionally, the Atlanta Federal Reserve’s GDPNow model revised down its…