The United States: To begin, the Philly Fed’s regional manufacturing expectations index dipped well below the 2008 trough.
The Conference Board index of leading economic indicators declined 0.8% last month, which was more than the expected 0.6%. Here is the breakdown.
The Eurozone: The ECB raised rates by 50 bps but provided no guidance on further action.
Japan: Japan’s core CPI hit 1% for the first time since 2016.
Energy: This chart shows key drivers of non-OPEC liquids supply growth next year.
Equities: Fund managers want companies to cut debt rather than invest or return cash.
Cryptocurrency: The crypto Fear & Greed Index exited “extreme fear” territory this week as bearish sentiment waned.
Food for Thought: To close off for the week, here are the most popular payment methods:
Edited by William Villacis
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