Macro Pulse
Economic Calendar
Dollar Firms to 100.86 on Mixed PMIs, Neutral Stance Holds
Regime Overview The macro regime stays neutral with conviction at moderate levels after mixed flash PMI prints across Europe and Asia. European services readings showed…
Neutral Regime Holds as UK Borrowing Miss Offsets Soft US Prints
Regime Assessment The macro regime remains neutral with conviction at moderate levels as softer UK fiscal data and negative US regional manufacturing prints balance modest…
Dollar Holds 100.25 as Soft Data Mutes Fresh Rate Pressure
Dollar and Cross Rates Stay Contained The dollar index sits at 100.25 after a modest 0.03 percent gain, leaving EURUSD near 1.147 and GBPUSD at…
BoJ Hike to 1.25% Keeps Dollar Steady in Balanced Regime
Macro Regime Holds Neutral as BoJ Tightening Lands The macro regime stays balanced after the Bank of Japan lifted its policy rate to 1.25 percent.…
BoE Hold and Soft Euro CPI Anchor Neutral Macro Stance
Macro Regime Update Neutral conditions persist with conviction holding at moderate levels after the latest data round. The BoE decision to keep rates at 3.75…
UK Inflation Steady, Dollar Resilience Holds as Asia Prints Mix
Macro Regime Snapshot Neutral conditions hold with conviction at moderate levels after the latest round of releases. UK inflation printed exactly in line at 3.1…
Neutral Regime Holds as China Mix and Dollar Lift Cap Risk
Macro Regime Snapshot Neutral conditions persist with conviction anchored at moderate levels after the latest Asia releases. China industrial production surprised higher at 5.2 percent…
UK GDP Beat Steadies Neutral Dollar Regime
Session Drivers and Cross-Market Read UK GDP surprised to the upside on multiple measures, with the year-on-year print reaching 1.6 percent against 1.2 percent expected.…
German Inflation Locks Neutral Path as Dollar Stays Anchored
Neutral Regime Holds After Clean German Print German harmonised inflation confirmed at 2.9 percent year on year exactly in line with forecasts and the prior…
China PPI Beat Keeps Dollar Neutral Amid Housing Dip
Neutral Regime Anchors on Offsetting Prints China’s August inflation data delivered a clear upside surprise that leaves regional policy expectations on mild hold. The PPI…