Germany's exports in November rose by 3.7%, surpassing the expected 0.3%. The trade balance also exceeded expectations at 20.4 billion euros. Switzerland's retail sales increased by 0.7% year-on-year, beating the anticipated 0.0%. However, Germany's factory orders fell by 0.3%, missing the expected 1.0%. The European retail sales declined by 0.3% in November. The New York Fed reported a decrease in U.S. consumers' inflation expectations, with the one-year ahead expected inflation rate easing to 3.01% in December, the lowest in three years. In Japan, household spending and CPI Tokyo Ex Food and Energy showed declines in November and December, respectively.
⚠️PREDICT WHAT US CPI COMES IN AT TODAY ESTIMATE IS 3.2% 🇺🇸🇺🇸 https://t.co/NFCpx6RmMy
🇺🇸🇺🇸 US DECEMBER CPI INFLATION ESTIMATES -JP MORGAN 3.1% -BANK OF AMERICA 3.1% -TD BANK 3.1% -WELLS FARGO 3.2% -INVESTING.COM 3.2% -CITI 3.3% -GOLDMAN SACHS 3.3% -MORGAN STANLEY 3.3% -BARCLAYS 3.3% -HSBC 3.3% -UBS 3.3% -NOMURA 3.3% -BNP PARIBAS 3.4% $DIA $SPY $QQQ 🇺🇸 🇺🇸 https://t.co/HgbJFFYGLw
🇧🇷 Brazil CPI (MoM) (Dec) $BRL Actual: 0.56% 🟢 Expected: 0.48% Previous: 0.28%
🇿🇦 South Africa Manufacturing Production (MoM) (Nov) $ZAR Actual: 0.8% 🔴 Expected: 1.0% Previous: -0.1%
Traders Shift Focus to US Inflation Report Expected at 4:30 pm EAT! @RufasKe - US annual consumer price index (CPI) likely increased to 3.2% in December up from 3.1% in November which was a five-month low. - Core annual inflation is expected to have dropped to 3.9% in December…
Traders Shift Focus to US Inflation Report Expected at 4:30 pm EAT! ▶️US annual consumer price index (CPI) likely increased to 3.2% in December up from 3.1% in November which was a five-month low. ▶️Core annual inflation is expected to have dropped to 3.9% in December down from…
🔴 ITALIAN INDUSTRIAL PRODUCTION MOM ACTUAL -1.5% (FORECAST -0.2%, PREVIOUS -0.2%) $MACRO
🇮🇹 Italy Italian Industrial Production (MoM) (Nov) $EUR Actual: -1.5% 🔴 Expected: -0.2% Previous: -0.2%
The annual inflation rate in the US likely edged up to 3.2% in December 2023 from a five-month low of 3.1% in November. The official data comes up today at 4:30 pm EAT! Join me at 11:00 am EAT as we look into how this might affect the markets. https://t.co/34U8xOstYe
Welcome to US CPI #inflation day where consensus forecasts expect the core measure for December to edge slightly lower and the headline measure slightly higher. Specifically: An expected 0.3% monthly increase in core would lower this annual rate to 3.9%; and A similar increase in…
⚠️ WHAT'S YOUR PREDICTION FOR THURSDAY'S U.S. DECEMBER CPI INFLATION REPORT? *ESTIMATE: 3.2% Y/Y *PREVIOUS: 3.1% Y/Y 🇺🇸🇺🇸 https://t.co/Va3rwRGESD
🇯🇵 Japan Leading Index (MoM) (Nov) $JPY Actual: -1.2% Previous: -0.4%
🇯🇵 Japan Foreign Reserves (USD) (Dec) $JPY Actual: 1,294.6B Previous: 1,269.7B
Our #CPI indicator updates tomorrow. Our #inflation nowcasting model (updated daily!) predicts year-over-year CPI #inflation of 3.32% in December. Check it out: https://t.co/qXCmAZQfCn https://t.co/t0e9B0bIE3
🇺🇸 United States Wholesale Inventories (MoM) (Nov) $USD Actual: -0.2% Expected: -0.2% Previous: -0.4%
🔴 US WHOLESALE SALES MOM ACTUAL 0% (FORECAST 0.4%, PREVIOUS -1.3%) $MACRO
🇧🇷 Brazil Auto Production (MoM) (Dec) $BRL Actual: -15.3% Previous: 1.5%
🔴 ITALIAN RETAIL SALES NSA YOY ACTUAL 1.5% (FORECAST -, PREVIOUS 0.3%) $MACRO
🔴 ITALIAN RETAIL SALES MOM ACTUAL 0.4% (FORECAST -, PREVIOUS 0.4%) $MACRO
🇮🇹 Italy Italian Retail Sales (YoY) (Nov) $EUR Actual: 1.5% Previous: 0.3%
🇮🇹 Italy Italian Retail Sales (MoM) (Nov) $EUR Actual: 0.4% 🟢 Expected: 0.2% Previous: 0.4%
🔴 FRENCH INDUSTRIAL PRODUCTION MOM ACTUAL 0.5% (FORECAST 0%, PREVIOUS -0.3%) $MACRO
🇫🇷 France French Industrial Production (MoM) (Nov) $EUR Actual: 0.5% 🟢 Expected: 0.0% Previous: -0.3%
🔴 AUSTRALIAN CPI MOM ACTUAL 0.40% (FORECAST -, PREVIOUS -0.40%) $MACRO
🇺🇸 United States Trade Balance (Nov) $USD Actual: -63.20B 🟢 Expected: -65.00B Previous: -64.50B
NET ZERO GERMANY UPDATE: German industrial output unexpectedly declined in November, making it the sixth consecutive month and underscoring the persisting manufacturing woes in Europe’s largest economy. Net Zero is destroying the German economy. #CostOfNetZero… https://t.co/HB4m344p4O
Americans are feeling a lot better about inflation U.S. consumers think prices will rise 3% this year, the lowest level for year-ahead expectations since January 2021 --New York Fed https://t.co/2wUUDVRjaa
🇩🇪German Industry Shrinks for Sixth Month as Recession Looms German industrial output unexpectedly declined in November, underscoring the persisting manufacturing woes in Europe’s largest economy. Production declined 0.7% from October, led by capital goods, and intermediate… https://t.co/QCpLVLUeDm
German industrial production in November fell by 4.8 percent year-on-year and by 0.7 percent on a monthly basis, the German Federal Statistical Office Destatis announced today based on preliminary data. The markets expected the opposite trend, a monthly growth of industrial… https://t.co/v0SZD0sqVB
German industrial output drops unexpectedly in November https://t.co/YAtCMDaMVr https://t.co/teEwa4qCVl
🇨🇭 Switzerland Foreign Reserves (USD) (Dec) $CHF Actual: 653,742.0B Previous: 642,363.0B
🇫🇷 France French Trade Balance (Nov) $EUR Actual: -5.9B 🟢 Expected: -7.9B Previous: -8.5B
🇩🇪 German industrial production unexpectedly fell in November compared to the previous month, the federal statistics office said on Tuesday, marking the sixth monthly decline in a row. 👇 YoY data below. https://t.co/r7JYtMsJD0 https://t.co/m9RGdRYbRg
German industrial output unexpectedly declined in November, underscoring the persisting manufacturing woes in Europe’s largest economy https://t.co/ie1J9jF8Qp
⚠️ GERMAN INDUSTRIAL OUTPUT DROPS UNEXPECTEDLY IN NOVEMBER Full Story → https://t.co/WaayBJXt3N https://t.co/jI9dhfxlHC
Nothing to see here: Germany: Industrial Production, November yoy, -4.87% versus previous -3.38%
🇩🇪 Germany German Industrial Production (YoY) (Nov) $EUR Actual: -4.87% Previous: -3.38%
🔴 GERMAN INDUSTRIAL PRODUCTION NOVEMBER 2023 FULL REPORT https://t.co/OIi0UC9PET
🔴 GERMAN INDUSTRIAL PRODUCTION YOY SA ACTUAL -4.8% (FORECAST -4%, PREVIOUS -3.38%) $MACRO
🇩🇪 Germany German Industrial Production (MoM) (Nov) $EUR Actual: -0.7% 🔴 Expected: 0.2% Previous: -0.4%
US consumer inflation expectations for the year ahead fell for a third consecutive month to 3% in December 2023, the lowest level since January 2021, from 3.4% in November.
🇦🇺 Australia Building Approvals (MoM) (Nov) $AUD Actual: 1.6% 🟢 Expected: -2.0% Previous: 7.5%
🇯🇵 Japan CPI Tokyo Ex Food and Energy (MoM) (Dec) $JPY Actual: 0.1% Previous: 0.0%
🔴 JAPANESE ALL HOUSEHOLD SPENDING MOM ACTUAL -1.0% (FORECAST -, PREVIOUS -0.1%) $MACRO
🇯🇵 Japan Tokyo Core CPI (YoY) (Dec) $JPY Actual: 2.1% Expected: 2.1% Previous: 2.3%
🇯🇵 Japan Household Spending (YoY) (Nov) $JPY Actual: -2.9% 🔴 Expected: -2.3% Previous: -2.5%
🇯🇵 Japan Household Spending (MoM) (Nov) $JPY Actual: -1.0% 🔴 Expected: 0.2% Previous: -0.1%
"Median inflation expectations declined at all horizons... Median inflation expectations at the one-year ahead horizon reached the lowest level recorded since January 2021." @NYFedResearch https://t.co/pTYutxDqPr https://t.co/4woslor8pC
Inflation Expectations Tumble To Lowest Since Jan 2021, As Do Wage And Spending Growth, In Latest NY Fed Survey https://t.co/Pe3epcOpjJ
In the latest NY Fed Survey of Consumer Expectations, not only were one-year inflation expectations the lowest in 3 years, but inflation expectations among different age groups hasn't been this close since 2018. https://t.co/FCKjpRkhlS
"In a good place" US consumers' inflation expectations are back to where they were before the pandemic, per the NY Fed Inflation is expected to rise 3% this year and 2.6% annually over 3 years (down from 5% and 3%, respectively, one year ago) https://t.co/eiB3NEA7j3 https://t.co/8wXomhau4c
Consumer inflation expectations fell significantly last month, with 1-year ahead inflation expectations at 3.0% (lowest since Jan 2021) and 3-year ahead at 2.6% (lowest since June 2020). Meanwhile, rate cut probabilities have come down over the last week. Lots of moving pieces. https://t.co/rMTjFi6y7n
US consumers’ near-term inflation expectations declined in December to the lowest level since January 2021, according to a New York Fed survey https://t.co/LaPX5sEiKJ
Short-term inflation expectations continue to ease. According to New York Fed, the median one-year ahead expected inflation rate eased to 3.01% in December, the lowest in three years. It's thought by some that shorter-run inflation expectations are more useful in wage setting. https://t.co/Q2ih9uufeN
⚠️ US CONSUMERS SEE SMALLER INFLATION GAINS AHEAD, NEW YORK FED SAYS (Reuters) U.S. consumers' projection of inflation over the short run fell to the lowest level in nearly three years in December, the New York Federal Reserve said in a report on Monday. Inflation one year… https://t.co/rRxwR04HXe
US Inflation Expectations Lowest In 3 Years-NY Fed https://t.co/IGEXxnLymI
"Notably, inflation expectations at the short-term horizon reached the lowest level recorded since January 2021. https://t.co/NaOdYXQCPD
NY Fed: 1-Year Inflation Expectations 3.01%, Last 3.36% 3-Year Inflation Expectations 2.62% Last 3.00%
U.S CONSUMER #INFLATION EXPECTATIONS ACTUAL: 3.01% VS 3.40% PREVIOUS
🔴 NY FED: US DECEMBER 1-YEAR INFLATION EXPECTATIONS FALL TO 3% VS 3.4%.
🔸 US CONSUMERS IN DECEMBER EXPECTED INFLATION TO BE 3% ONE YEAR AHEAD VERSUS 3.4% IN NOVEMBER, NEW YORK FED REPORT SHOWS 🔸 NEW YORK FED: EXPECTED INFLATION ONE YEAR AHEAD AT LOWEST LEVEL IN DECEMBER SINCE JANUARY 2021 🔸 NEW YORK FED: EXPECTED INFLATION THREE YEARS AHEAD AT…
🔴 NEW YORK FED: EXPECTED INFLATION ONE YEAR AHEAD AT LOWEST LEVEL IN DECEMBER SINCE JANUARY 2021.
🔴 NEW YORK FED: EXPECTED INFLATION THREE YEARS AHEAD AT 2.6% IN DECEMBER VS 3% IN NOVEMBER.
🔸 U.S CONSUMER INFLATION EXPECTATIONS ACTUAL: 3.01% VS 3.40% PREVIOUS
🇪🇺 Europe Consumer Inflation Expectation $EUR Actual: 10.5 Previous: 9.3
🇪🇺 Europe Industrial Sentiment $EUR Actual: -9.2 Previous: -9.5
🇪🇺 Europe Consumer Confidence $EUR Actual: -15.0 🟢 Expected: -15.1 Previous: -16.9
🔴 EUROZONE RETAIL SALES MOM ACTUAL -0.3% (FORECAST -0.3%, PREVIOUS 0.1%) $MACRO
🇪🇺 Europe Retail Sales (MoM) (Nov) $EUR Actual: -0.3% Expected: -0.3% Previous: 0.4%
🇨🇭 Switzerland CPI (MoM) (Dec) $CHF Actual: 0.0% 🟢 Expected: -0.2% Previous: -0.2%
🇨🇭 Switzerland CPI (YoY) (Dec) $CHF Actual: 1.7% 🟢 Expected: 1.5% Previous: 1.4%
🇨🇭 Switzerland Retail Sales (YoY) (Nov) $CHF Actual: 0.7% 🟢 Expected: 0.0% Previous: -0.3%
🇩🇪 Germany German Exports (MoM) (Nov) $EUR Actual: 3.7% 🟢 Expected: 0.3% Previous: -0.2%
🇩🇪 Germany German Trade Balance (Nov) $EUR Actual: 20.4B 🟢 Expected: 17.9B Previous: 17.8B
🇩🇪 Germany German Factory Orders (MoM) (Nov) $EUR Actual: 0.3% 🔴 Expected: 1.0% Previous: -3.7%
🇩🇪 Germany German Imports (MoM) (Nov) $EUR Actual: 1.9% 🟢 Expected: 0.2% Previous: -1.2%