Macro Mondays LIVE | Mixed Signals
World of Oil Derivatives - A podcast by Greg Newman
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RBNZ cut rates 25bp in a largely unexpected move. Meanwhile, there's some weak data out of the U.S.: Core goods CPI has plunged even further into deflation (-1.9% YoY), with PPI and industrial production also weak. On the other hand, U.S. retail sales are up and initial jobless claims are down. Euro area industrial production has fallen 0.1%MoM and 0.5% - BBG. In the U.S., Chapter 11 filings are the highest they've been in a decade; home buyers' sentiment has dropped to record l...