MacroSpectrum @MacroSpectrum

We have released two blog pieces today as follows: macro-spectrum.com/blog-detail/dx… macro-spectrum.com/blog-detail/th… These blogs are ad free & subscription free. Do register with your email ids to receive these blogs daily post US markets close in your inbox.

We have released two blog pieces today as follows: macro-spectrum.com/blog-detail/us… macro-spectrum.com/blog-detail/ca… These blogs are ad free & subscription free. Do register with your email ids to receive these blogs daily post US markets close in your inbox.

What we see ahead: Below is our weekly report on major economic data points in G-7 this week & our expectations: macro-spectrum.com/opinion/the-we… 1. This week’s economic calendar should feature a healthy dose of US macro data amidst a sprinkling of Fed speak. However, with the risk of a…

COPPER HAS SERIOUS DEMAND SUPPLY MISMATCH: We have released a detailed report on why we expect Copper prices to move higher in the next 6months-12 months horizon: macro-spectrum.com/opinion/copper… 1. On 8 September there was a mud rush at the Grasberg Block Cave copper mine in Indonesia,…

US NFP SEP’25 PREVIEW: We have released a detailed preview report on the US Non Farm Payroll (NFP) data due on 3rd Oct: macro-spectrum.com/opinion/us-nfp… 1. We expect headline job gains rose to 60k in Sep from 22k in August. We had seen soft employment data in the last 3-4 months but…

US GOVERNMENT SHUTDOWN LIKELY ON 1ST OCTOBER: We have released a detailed report on the likely US government shutdown on 1st Oct: macro-spectrum.com/opinion/us-gov… 1. US government may be headed for a shutdown Tuesday at midnight. Polymarket currently places >65% odds of a shutdown by…

Following are the blogs we published this week: (These blogs are ad free & subscription free). You can visit the new blog section of our website: macro-spectrum.com/#blog-page macro-spectrum.com/blog-detail/co… macro-spectrum.com/blog-detail/go… macro-spectrum.com/blog-detail/us… macro-spectrum.com/blog-detail/gl……

The tariff man returns. Trump today announced a fresh round of tariffs, including a 100% duty on branded or patented pharmaceuticals starting October 1, unless a company is building a manufacturing plant in America. Trump posted on social media that there would be no levies on…

We welcome all our readers to a new section "blogs" on our website which is totally ad free & does not require subscription. macro-spectrum.com/#blog-page This section has as usual 7 subsections where we will be sharing brief updates on relevant macro events, data releases and fund…

EXPECTED INDEX EXTENSION & QUARTER END MONTH END REBALANCING: We have released a detailed report on this month end index rebalancing as well as quarter end/month end asset rebalancing: macro-spectrum.com/opinion/expect… 1. Japan is in a refunding month, and is projected to have the…

What we see ahead: Below is our weekly report on major economic data points in G-7 this week & our expectations: macro-spectrum.com/opinion/the-we… 1. This week features a flood of Fedspeak (Fed Chair Powell on Tuesday too) that will provide insights on where officials line up in what…

FED & BOJ LIVE IN ANOTHER WORLD: We have released a report today on how Fed & BOJ decision making looks flawed: macro-spectrum.com/opinion/fed-bo… 1. Our core view on US macros this year has been that upside risks to inflation were being overstated while downside risks to employment were…

CAN CHINA’S ANTI INVOLUTION DRIVE REFLATE IT’S DEFLATING ECONOMY: We have released a detailed report on the recent anti involution drive in Chinese economy: macro-spectrum.com/opinion/can-ch… 1. China's economic policy is undergoing a significant reorientation in 2025, centred on a new…

HEDGE US, NOT SELL US: We have released a report below on how foreign inflows in US have picked up in Q2CY25 but are significantly more hedged than ever: macro-spectrum.com/opinion/hedge-… 1. Foreign buying of US assets have returned in Q2CY25 both in equities & debt. For equities, the…

What we see ahead: Below is our weekly report on major economic data points in G-7 this week & our expectations: macro-spectrum.com/opinion/the-we… 1. Wednesday’s FOMC meeting will be the main focus of this week’s busy economic calendar. With recent data showing further weakness in the…

US EQUITIES & BOND YIELDS ARE AT CROSSROADS ON RECESSION EXPECTATIONS: We have released a detailed report on how US equities & US bond yields are pricing in recession altogether differently: macro-spectrum.com/opinion/us-equ… 1. Over the last month, while US equities have made new highs,…

BOJ 19TH SEP PREVIEW: HOLD FOR NOW TO HIKE IN OCT: We have released a detailed preview of the 19th Sep BOJ meeting as below: macro-spectrum.com/opinion/boj-19… 1. The Bank of Japan will likely stand pat next week. We do not expect Governor Ueda to provide any new insight about specific…

SEP FOMC PREVIEW: A DOVISH 25 BPS CUT: We have released a detailed preview report on 17th Sep FOMC meeting as below: macro-spectrum.com/opinion/sep-fo… 1. We expect the Fed to deliver a 25bp rate cut at next week’s FOMC meeting and signal that more reductions are likely to follow over the…

Winter is coming soon for US economy: The unrounded core CPI MoM today was .346 and the unrounded headline CPI MoM was .3825. Two key underlying measures of inflation showed a slowdown in price pressures. Core goods prices excluding new and used vehicles rose 0.13%, the least…