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2026-06-08

Macquarie Group chief economist David Doyle said after last Friday’s strong nonfarm payrolls the firm sticks to its baseline Fed path: the next Fed move is a rate hike, with baseline timing in Q1 2027. He added risks have shifted toward an earlier hike and markets now factor in a chance of a Q4 2026 hike. Doyle said Fed wording could shift in coming weeks from cut-leaning toward hike-leaning.

Macquarie Group chief economist David Doyle said after last Friday’s strong nonfarm payrolls the firm sticks to its baseline Fed path: the next Fed move is a rate hike, with baseline timing in Q1 2027. He added risks have shifted toward an earlier hike and markets now factor in a chance of a Q4 2026 hike. Doyle said Fed wording could shift in coming weeks from cut-leaning toward hike-leaning.
2026-06-08

Germany April manufacturing orders, working-day adjusted, YoY +1.6% (prev +6.3%).

Germany April manufacturing orders, working-day adjusted, YoY +1.6% (prev +6.3%).
2026-06-08

德国4月工作日调整后制造业订单年率 1.6%,前值6.30%。

德国4月工作日调整后制造业订单年率 1.6%,前值6.30%。
2026-06-08

Germany April seasonally adjusted manufacturing orders m/m -3.8% (consensus -2.0%, prior +5.0%).

Germany April seasonally adjusted manufacturing orders m/m -3.8% (consensus -2.0%, prior +5.0%).
2026-06-08

德国4月季调后制造业订单月率 -3.8%,预期-2%,前值5.00%。

德国4月季调后制造业订单月率 -3.8%,预期-2%,前值5.00%。
2026-06-08

Allianz chief economist El-Erian said OPEC+ has raised output by 188,000 b/d, but analysts call most of the increase "paper barrels" and say persistent disruptions to the Strait of Hormuz make it unlikely the additional oil will reach markets. Oil prices rose about 5% this morning as traders priced in military escalation between Iran and Israel and Israel’s widening strikes in Lebanon, despite Trump saying a peace deal is imminent and urging Israel to align with US directives.

Allianz chief economist El-Erian said OPEC+ has raised output by 188,000 b/d, but analysts call most of the increase "paper barrels" and say persistent disruptions to the Strait of Hormuz make it unlikely the additional oil will reach markets. Oil prices rose about 5% this morning as traders priced in military escalation between Iran and Israel and Israel’s widening strikes in Lebanon, despite Trump saying a peace deal is imminent and urging Israel to align with US directives.
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