4,072
-0.12%
4,072
-0.12%
11,461
-0.18%
11,461
-0.18%
34,430
0.1%
34,430
0.1%
1,812
-0.2%
1,812
-0.2%
17,057
0.53%
17,057
0.53%

🛢 🇪🇺 🇷🇺 *EU AGREES TO SET $60 PRICE CAP LEVEL FOR RUSSIAN #OIL EXPORTS - BBG
🇺🇸 *CHICAGO FED’S CHARLES EVANS ANSWERS QUESTION AFTER SPEECH - BBG
*EVANS SAYS #FED IS ON A PATH TO GETTING INFLATION BACK TO GOAL
🇺🇸 *BARKIN: FEWER WORKERS TO CONSTRAIN GROWTH, PRESSURE INFLATION - BBG
*BARKIN: LABOR SUPPLY LOOKS LIKE IT WILL REMAIN CONSTRAINED
*BARKIN: FED HAS BEEN CLEAR ON ITS PLAN TO DO MORE ON INFLATION
*BARKIN SPEECH PREPARED BEFORE NOV. JOB REPORT PUBLISHED: #FED
🇺🇸 #FED SWAPS SHOW TERMINAL RATE EXPECTATION RISING TO 4.95% - BBG
🇺🇸 *US NOV. PAYROLLS INCREASE 263,000; EST. 200,000 - BBG
*US NOV. UNEMPLOYMENT RATE 3.7%; EST. 3.7%
🇨🇳 #CHINA'S 2023 F1 GRAND PRIX WILL NOT TAKE PLACE DUE TO #COVID-19 - BBG
Quote of @C_Barraud
🇪🇺 *EURO AREA OCT. PRODUCER PRICES FALL 2.9% M/M; EST. -2.0%
*EURO AREA OCT. PRODUCER PRICES RISE 30.8% Y/Y; EST. +31.7%
🇪🇺 My proxies and regional surveys suggest that #Eurozone PPI (October) will surprise downward.

*Bloomberg consensus:

MoM: -2.0%e v +1.6% prior
YoY: 31.7%e v 41.9% prior
🇷🇺 🇺🇦 🇺🇸 *PUTIN WON'T LEAVE UKRAINE, BUT READY FOR TALKS W/ US: KREMLIN - BBG
🇨🇳 #CHINA TO IMPROVE CAPITAL RULES FOR PANDA BOND ISSUANCE: #PBOC - BBG
*PBOC TO FACILITATE OVERSEAS INSTITUTIONS' BOND SALE IN CHINA
🇨🇳 #CNH | *OFFSHORE YUAN STRENGTHENS PAST 100-DMA, FIRST TIME SINCE APRIL - BBG
Quote of @C_Barraud
🇫🇷 #France | Industrial Production (M/M) Oct: -2.6% (v prev -0.9%)
- French Industrial Production (Y/Y) Oct: -2.7% (v prev 1.6%)
*Link: *Another signal that suggests 4Q GDP could contract ⬇
🇫🇷 #FRANCE OCT. CONSUMER SPENDING FALLS 2.8% M/M; EST. -1% - BBG
*FRANCE OCT. CONSUMER SPENDING FALLS 5.9% Y/Y; EST. -5.5%

*Data for 4Q are clearly disappointing. As a reminder, in Nov. Flash France PMI Composite Output Index contracted for the first time since February 2021.
🇺🇸 #Fed Powell: "#Housing inflation tends to lag other prices around inflation turning points, however, because of the slow rate at which the stock of rental leases turns over. The market rate on new leases is a timelier indicator of where overall housing inflation will go"
🇪🇺 My proxies and regional surveys suggest that #Eurozone PPI (October) will surprise downward.

*Bloomberg consensus:

MoM: -2.0%e v +1.6% prior
YoY: 31.7%e v 41.9% prior
🇺🇸 #Fed | Bets on where the central bank rate will peak have now dropped below 4.9%, according to swap markets - Bloomberg
*The current benchmark sits in a range between 3.75% and 4%.
🇺🇸 US Challenger Job-Cut Announcements Rose 417% Y/y in Nov. - Bloomberg
"The Tech sector has announced the most job cuts this year by far. While other industries are cutting jobs at a slower pace, hiring appears to have slowed as well,"

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