December 2024 - Page 3 of 3

Macro Nugget: Show this chart to your favorite ECB hawk

by Ulrik Simmelholt | 2024-12-03 | Free Content | 0 comments

As calls for a 50 bps cut in the EZ are getting louder EZ inflation hawks are emerging from their nest and warning about a reignition of inflation through the FX/import channel. Looking at the nominal effective exchange rate we find a more nuanced picture telling us...

The Week at a Glance: Manufacturing Rebound, Fed Liquidity Signals & Oil’s Fragile Balance

by Oskar Vårdal | 2024-12-02 | Steno Signals

We’ve started to observe weaknesses in the US economy across our growth models, a major game changer with the ISM report and NFP coming up this week. Could weakness in the US economy prompt the Fed into a 25 bps cut in December? Odds are increasing for such a...

Steno Signals #128- I thought Trump and tariffs were supposed to lead to a bond riot?

by Andreas Steno | 2024-12-01 | Steno Signals

The trend shift in fixed income is remarkable and sharply contrarian to the post-Trump consensus. We expect more of the same ahead, coupled with a firm decision by the Fed to support liquidity in December. Meanwhile, gold may see a catalyst. To read the full article,...

Macro Nugget: Show this chart to your favorite ECB hawk

The Week at a Glance: Manufacturing Rebound, Fed Liquidity Signals & Oil’s Fragile Balance

Steno Signals #128- I thought Trump and tariffs were supposed to lead to a bond riot?

Recent Posts

Recent Comments

Archives

Categories

Meta

Trending

My Steno

About us