Macro Mondays | REPLAY | U.S. Payrolls Surge, Inflation Risks, and Market Volatility

World of Oil Derivatives

This special episode of Macro Mondays aired live at 17:00 UK time on Friday, the 10th of January after U.S. monthly payrolls were released.
Highlights of This Week's Macro Trends:
- U.S. Economy: A surprise surge in U.S. payrolls (+256K) with unemployment steady at 4.1%. Hawkish commentary from Fed officials underscores inflation risks, while the steepening U.S. yield curve hints at continued equity volatility.
- Global Markets: Chinese deflationary fears deepen, with CPI at +0.1% and PPI at -2.4%, while German industrial orders plummet (-5.4% MoM). In the UK, 30-year gilt yields hit their highest since 1998, adding to concerns of a potential bond crisis.
- Commodities: Oil markets start the year higher, gold resumes its upward trend, and commodities across the board show signs of recovery.
- Bitcoin and Equities: Bitcoin trades precariously, risking a fall below $91,370, while Nasdaq volume surges with record-breaking trades.
Key Data Releases Ahead:
- Tuesday: U.S. PPI, NFIB Small Business Optimism
- Wednesday: U.S. CPI, UK CPI, PPI
- Thursday: U.S. Retail Sales, UK Monthly GDP, Industrial Production
- Friday: U.S. Industrial Production, UK Retail Sales, China GDP
Join the conversation to uncover how these developments could shape markets in the week ahead. Don’t miss out on this special edition of Macro Mondays LIVE on a Friday!