Macro1mo ago
UK CBI August Order Books Print −25 Against a −40 Forecast
UK CBI Industrial Trends Orders August −25 versus forecast −40, previous −45. Trading Economics calendar matches. No CBI.org 20 Aug 2026 release.
Editor·1 min read
Macro
Global economics, rates, and fiscal policy
80 articles
Macro1mo ago
WTI Consolidates Around $86 in the Asian Session
WTI consolidates around $86 in the Asian session. The Bessent geo printed $87.13. Last night just short of $88. Those are three stamps.
Editor·1 min read
Macro1mo ago
Destatis July PPI Rises 1.1% Against Split Factory and FXStreet Forecasts
Destatis July industrial producer prices +1.1% m/m, +3.0% y/y. Factory forecast 0.5%, previous −0.3%. FXStreet 1.1% vs 0.7% m/m and 3.0% vs 2.7% y/y. They are not averaged.
Editor·1 min read
Macro1mo ago
China Lets Daicel Inherit 35.5% POM Duty. It Is Not a New Levy.
MOFCOM: Daicel inherits Polyplastics’ 35.5% anti-dumping duty on copolymer POM from the US, EU, Taiwan and Japan. Daicel HPP Taiwan inherits 3.8%. Old names take the residual 35.5% and 32.6%.
Editor·1 min read
Macro1mo ago
PBOC Holds 1-Year LPR at 3.00% and 5-Year at 3.50%
PBOC authorised NIFC to publish a hold on 20 Aug: 1-year LPR 3.00%, 5-year-plus 3.50%, unchanged from July. Same-morning USD/CNY fix 6.7808 vs 6.7854 previous.
Editor·1 min read
Macro1mo ago
Australia Sheds 15,800 Jobs in July. Unemployment Rises to 4.5%.
ABS July labour force: employment −15,800 to 14,807,200, unemployment 4.5%. FXStreet consensus was +15K and 4.4%. Factory forecast was +11.7K. They are not averaged. AUD/USD 0.26% lower at 0.7106 on the FXStreet stamp.
Editor·1 min read
Macro1mo ago
Trump Posts Economic D-Day on Iran. No Statute Is Posted.
The White House frames Iran's Strait of Hormuz closure as an economic D-Day. Bessent said maximum economic pressure means no large-scale restart.
Editor·2 min read
Macro1mo ago
July Minutes Confirm the 9-3 Hold. Several Wanted +25bp Then.
July 28–29 minutes: 9-3 hold at 3-1/2 to 3-3/4 percent. Hammack, Kashkari, Logan preferred +25bp. Several participants favored a hike at that meeting. Next FOMC 15–16 September.
Editor·2 min read
Macro1mo ago
Treasury Lifts Long-End Buybacks to at Least $4bn From $2bn
Treasury raised the max size of 10y–20y and 20y–30y liquidity-support buybacks from $2bn to at least $4bn per operation, 9 Sep through 4 Nov. FXStreet gold page: 10y more than 5bp, 30y nearly 9bp, DXY near 98.80, gold around $4,490.
Editor·2 min read
Macro1mo ago
SK hynix Approves ₩40tn Buyback After KOSPI Falls 5.8%
SK hynix board approved a ₩40tn repurchase and full cancel, about 24.07 million shares. Starts 20 Aug. Yonhap: $28.7bn. KOSPI closed 6,471.17, −5.80%.
Editor·2 min read
Macro1mo ago
Six Commodity Ships on Tuesday. Hormuz Is Not Reopened.
Reuters citing Kpler: 6 commodity ships through Hormuz on Tuesday 18 Aug, down from 9 Monday, vs a 10-day average of 11. Iran says closed. Trump says open, no talks. Oil stamps disagree; they are not averaged.
Editor·2 min read
Macro1mo ago
July FOMC Minutes at 23:30 IST. The Vote Was 9-3. The Path Is Softer.
Fed releases July FOMC minutes at 23:30 IST. July 28-29 hold at 3.50-3.75%, 9-3. Hammack, Kashkari, Logan wanted +25bp. CME FedWatch as of 19 Aug: 65.4% September hold.
Editor·2 min read