Reply To: Traders Market Weekly: Global Market Dislocation at a Precipice

#44046
Truman
Participant

The German government is reportedly nearing an agreement to nationalize energy giant Uniper.
The Dutch government is planning to cap the price of energy from the start of 2023.
British Prime Minister Truss said that her government is not planning to begin trade negotiations with the U.S. anytime soon.
Switzerland’s growth forecasts for 2022 and 2023 were lowered.
Sweden’s Riksbank announced a 100-bps rate hike to 1.75%, its largest increase since 1992.
Eurozone’s July Current Account deficit EUR19.90 bln (expected surplus of EUR5.30 bln; last surplus of EUR4.20 bln)
Germany’s August PPI 7.9% m/m (expected 1.6%; last 5.3%); 45.8% yr/yr (expected 37.1%; last 37.2%)
Spain’s July trade deficit EUR6.56 bln (last deficit of EUR5.39 bln)
Swiss August trade surplus EUR3.424 bln (last surplus of EUR3.522 bln)