https://mauricepointner.at/dokuwiki/ 2026-05-06T04:02:54+00:00 https://mauricepointner.at/dokuwiki/ https://mauricepointner.at/dokuwiki/lib/exe/fetch.php?media=favicon.ico text/html 2024-12-09T21:49:15+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:baseline_revisions&rev=1733780955&do=diff Baseline Revisions opec price The headline target masks reductions that either were already anticipated or already pledged by countries with a patchy record of adherence. The maximum “real” decrease we can expect next month will be — at most — a third of the promised amount. text/html 2024-12-09T21:49:13+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:consumer_spending&rev=1733780953&do=diff Consumer Spending U.S. Consumer Spending The U.S. consumer is typically one of the pillars of the world economy and this shows how they are faring. External Links bloomberg.com/world-economic-indicators-dashboard text/html 2024-12-09T21:49:13+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:cpc&rev=1733780953&do=diff Global Consumption-per-capita As Martijn Rats of Morgan Stanley puts it, “global consumption-per-capita has been remarkably stable at about 4.5 barrels-per-person-per-year since the late 1970s.” The relationship has survived high and low energy prices; economic booms and busts and technical advances. text/html 2025-01-15T22:20:05+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:cpi&rev=1736979605&do=diff fed basics CPI Also, the construction of the index plays a role: Units are sampled only every six months, which means changes in rents take time to work through the monthly data. Shelter, which accounts for about a third of the CPI, has proved the most stubborn. text/html 2024-12-09T21:49:13+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:down_payment&rev=1733780953&do=diff Down Payment ---------- The People’s Bank of China has lowered the minimum downpayment for mortgages for both first-time buyers (from 30% to 20%) and second-time buyers (from 40% to 30%) while the minimum interest premium charged over the Loan Prime Rate has also been reduced. text/html 2024-12-09T21:49:13+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:employment&rev=1733780953&do=diff Employment U.S. Employment A measure of how tight the labor market is running in the world’s biggest economy. bloomberg.com/world-economic-indicators-dashboard text/html 2024-12-09T21:49:13+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:energy_intensity&rev=1733780953&do=diff Energy Intensity Energy intensity is a measure of the energy inefficiency of an economy. It is calculated as units of energy per unit of GDP (Gross Domestic Product) or some other measure of economic output. High energy intensities indicate a high price or cost of converting energy into GDP. text/html 2024-12-09T21:49:13+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:home_prices&rev=1733780953&do=diff Home Prices text/html 2025-02-09T00:07:25+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:inflation&rev=1739059645&do=diff Inflation And again, in an environment of inflation, then you seek tangible assets from an investment perspective. Higher inflation is expected to keep the Fed from cutting interest rates further, which is likely to limit the appeal of gold and silver. text/html 2025-01-03T21:11:45+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:interest_rates&rev=1735938705&do=diff drivers Interest Rates Higher rates reduce liquidity in an economy, leaving less money with industries, thereby curtailing demand for oil. Lower interest rates increase liquidity in an economy and also bring down borrowing costs for the public, thereby lifting demand for commodities such as text/html 2024-12-09T21:49:13+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:jobless&rev=1733780953&do=diff indicators basics Initial Jobless Claims Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week. text/html 2024-12-09T21:49:13+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:labour&rev=1733780953&do=diff Labour Financial markets are bracing for the possibility that the Fed may keep borrowing costs higher for longer than hoped, putting a May rate cut in doubt. A separate report Friday showed that employers continue to create jobs without spurring a surge in wages, which may hinder the disinflationary process. text/html 2024-12-22T20:24:55+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:opec_cuts&rev=1734899095&do=diff opec drivers Opec Cuts If OPEC+ decides to extend output cuts, it may have to do so at the expense of more market share. However, the more weakness we see in the market, the greater the risk that OPEC+ scraps its output cuts in an attempt to push out other non-OPEC producers from the market. text/html 2024-12-09T21:49:13+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:outstanding_bank_loans&rev=1733780953&do=diff Outstanding Bank Loans text/html 2024-12-09T21:49:13+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:participation_rate&rev=1733780953&do=diff Labor Force Participation Rate That said, the participation rate — the share of the population that is working or looking for work — held steady last month. text/html 2024-12-09T21:49:13+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:payrolls&rev=1733780953&do=diff Payrolls A stronger-than-expected US jobs report led the USD and US treasury yields to surge as the data raised doubts about the prospect for Fed rate cuts anytime soon. The details show private payrolls rose 232k with manufacturing flat on the month, text/html 2024-12-09T21:49:13+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:retail&rev=1733780953&do=diff Retail Am Nachmittag stützten besser als erwartet ausgefallene Konjunkturdaten aus den USA die Notierungen am Ölmarkt. Im Juli waren die Umsätze des Einzelhandels überraschend stark gestiegen. Diese gelten als Indikator für den Konsum, der für das Wachstum der weltgrößten Volkswirtschaft eine besonders große Rolle spielt. Der Benzinabsatz habe text/html 2024-12-09T21:49:13+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:macro:yield&rev=1733780953&do=diff Yield Treasury yields fell as other Fed officials speaking on Tuesday suggested the U.S. central bank could be near the end of its tightening cycle, helping U.S. equity indexes to rise, with the Nasdaq up about 1% as large-cap growth stocks surged.