Prior 20Trends selling prices 80Prior 77UK industrial orders balance hits a joint-record high with output price expectations jumping to its highest since records began in 1975. A net balance of 80% of manufacturers in March had raised prices for domestic orders booked over the next three months, up

Would like talks to be more active and substantiveDoes not intend to make public its detailed demands to UkraineAs is the case over the past two weeks, don’t expect things to change in negotiations between both sides. There is no room for give considering the current demands, so expect the stalemate

Prior -4.0%; revised to -1.5%Construction output +4.1% y/yPrior -3.9%; revised to +0.2%That’s a solid bounce, alongside a sharp revision higher to the December figures. Of note, building construction increased by 4.2% and
civil engineering by 1.4% in January. In any case, this is very much a lagging

Headlines:Ukraine reaffirms rejection of Russian proposal to surrender in MariupolMoscow says that there is still no basis for possible Putin-Zelensky meetingDutch PM Rutte: EU too dependent on Russian oil and gas to cut it off tomorrowChina Eastern Airlines has grounded all of its Boeing 737-800 ai

This relates to the accident involving flight MU5735 earlier here. Officials are still investigating the accident so this move is likely just a precautionary measure, as it should be for the time being.For added context, the latest crash today puts an end to the decade-long safety record for China’s

China is showing that it is willing to take action to try and bolster economic confidence after the latest COVID-19 lockdowns have thrown a bit of a curveball to the outlook.China’s cabinet is also out saying that they are to deploy comprehensive policies to stabilise market expectations and maintai

German economy to be measurably hurt by Russia-Ukraine war, starting from MarchSupply chain problems to worsen as a resultHigher energy prices to dampen German household consumption, industrial outputGerman economic rebound in Q2 will be much weaker than expectedGerman inflation to rise further due

There’s not much for traders to work with to start the new week so it seems like we are seeing the technicals stay more respected.
European equities are mixed with US futures slightly lower, while bond yields are continuing to keep higher on the day. I would say there’s not much conviction to start

The Canadian dollar finished the week strong with USD/CAD falling to 1.2600 at Friday’s close from as high as 1.2870 on Tuesday. That’s very close to the seven-week low of 1.2587 set at the start of the month.
For months, the loonie has been stuck in a push-and-pull from rising commodi

Fed’s Waller: The data is basically screaming at us to go for 50 bps
Fed’s Barkin says he’s ‚very open‘ to a 50 bps move if inflation does not begin to settle
Fed’s Kashkari sees rates at 1.75-2.00% at year-end
Biden-Xi call report says US did not make requests of China
White