Watson's Daily

Tuesday 28/05/24

In MACRO NEWS, the AfD hits a bump, Sunak's campaign courts controversy and Labour gets Big Business endorsement. In RETAIL & CONSUMER GOODS NEWS,shop price inflation falls, online shopping sees a concerning trend forming, senior politicians urge more scrutiny of…

Friday 24/05/24

In MARKETS, MACRO & CURRENCY NEWS,US stocks weaken, markets take in Sunak's election announcement, Sunak suffers more blows, Argentina's peso plunges and ethereum gets the nod. In BUSINESS TRENDS NEWS, we see the ending of US "revenge" travel, Western countries…

Thursday 23/05/24

In MACRO & COMMODITIES NEWS, Sunak calls an election, inflation doesn't behave, the US gets pernickety and BHP's final offer looks insufficient. In TECH NEWS, Nvidia's revenues climb, China has hopes for "Chat Xi PT" and OpenAI signs a deal…

Wednesday 22/05/24

In BIG PICTURE NEWS, the EU trading deficit with China shrinks, the UK tries to mend fences with the UAE, the IMF gets bullish about UK interest rate cuts, the Bank of England signals a cut will be next, the…

Friday 17/05/24

In MACRO, MARKETS, COMMODITIES & CRYPTO NEWS, we look at the implications of the Putin/Xi meeting, Japan's GDP contracts faster than expected, Dutch government looks set to cause ructions with Brussels, Sunak hopes for a miracle, the Dow hits a…

Thursday 16/05/24

In MACRO & "GREEN" NEWS, Putin arrives in China, Argentina's inflation moderates, the UK's economy outpaces the Eurozone's, the Dutch far-right form a government, Labour lays out its stall, the Bank of England gets a poor report card, AI start-ups…

Wednesday 15/05/24

In BIG PICTURE NEWS, Putin visits China, Biden tries to outdo Trump, new US tariffs will hit clean tech, Pill sounds caution about UK rate cuts, Vietnam promises more energy, UK fusion gets shut out and Blackrock gets big in…

Tuesday 14/05/24

In MACRO & COMMODITIES NEWS, the City gets excited about the UK, BHP gets its latest offer rejected and we look at why everyone's getting so hung up on copper. In TECH NEWS,Microsoft is to face EU competition charges, Hunt…

Monday 13/05/24

In MACRO, OIL & BUSINESS TRENDS NEWS,China goes for growth, Spain gets a reprieve, US shale faces accusations, China and ESG ETF closures increase, China pushes Hainan, Miniso has big ambitions, Saudis get frustrated with management consultants, takeover interest in…

Friday 10/05/24

In MACRO & COMMODITIES NEWS, the UK exits recession, the Bank of England leaves interest rates unchanged, Sweden cuts them, Trump allegedly tries to do a deal with the oil industry, Calpers considers its vote in the Exxon saga, oil…

Thursday 09/05/24

In MACRO, MARKETS & CRYPTO NEWS, Sunak has one final job, the IPO pipeline is building up and FTX is ready to compensate. In TECH & MEDIA NEWS, Intel cuts its outlook, Arm underwhelms, Informa does a deal with Microsoft,…

Wednesday 08/05/24

In BIG PICTURE NEWS, global debt hits new highs, rampant Argentinian inflation necessitates 10,000 peso notes, Sweden is expected to cut rates and taxpayers are to fund HS2 in London after all. In CAR NEWS,Chinese dealerships ditch foreign brands, Musk…

Tuesday 07/05/24

In MACRO & CRYPTO NEWS, global trade is expected to grow sharply, the EU and France appeal to China, the Bank of England remains divided, a Labour government could be a boost, the SNP gets a new leader and Robinhood…

Friday 03/05/24

In MACRO, COMMODITIES & ENERGY NEWS, Turkey stops trade with Israel over Gaza, the OECD sticks the boot into the UK, Shell beats profit forecasts, Gazprom has its worst loss in decades, US cattle prices fall and Ørsted warns of…

Thursday 02/05/24

In BIG PICTURE NEWS, US interest rates look like they'll be higher for longer, Sunak faces a reckoning, councils suffer, UK manufacturing falters and UK universities face more course closures. In RETAIL, CONSUMER GOODS & LEISURE NEWS, Mulberry sales fall,…

Wednesday 01/05/24

In BIG PICTURE NEWS, Biden looks to loosen marijuana rules, the EU exits recession and investigates greenwashing, food importers brace for cost increases, council funding looms large, a lithium miner eyes Durham and cocoa prices drop suddenly. In RETAIL, CONSUMER…

Tuesday 30/04/24

In MACRO, BUSINESS & CONSUMER TRENDS NEWS, China's factory activity increases, German inflation remains stubbornly high, Scotland's in a kerfuffle, ad jobs are hit by spending cuts, Getir goes back there and non-food shop prices fall. In TECH & MEDIA…

Monday 29/04/24

In AUTOMOTIVE NEWS, European makers embrace Chinese tech, Musk makes a pit stop in China, the EU ponders car tariffs on Chinese car imports, luxury cars succumb to a weakness and car insurance rises. In CONSUMER TRENDS NEWS, the cost-of-living…

Friday 26/04/24

In MACRO, MARKETS & MINING NEWS, Biden takes a hit, the Bank of Japan keeps interest rates unchanged, markets drop on US disappointment and we take a closer look at the BHP deal. In TECH NEWS, the US pushes for…

Thursday 25/04/24

In MACRO, MINING & ENERGY NEWS, Spain's PM considers resignation, Indonesia raises interest rates, BHP suggests a takeover of Anglo American and the UK generates a record low proportion of fossil fuel-generated electricity. In TECH NEWS, China searches for its…

Wednesday 24/04/24

In MACRO & COMMODITIES NEWS, the US Senate passes a $95bn aid bill, the Bank of England's chief economist sounds cautious, UK borrowing is higher than expectations, we look at UK election timing options, Ithaca buys Eni assets, De Beers'…

Tuesday 23/04/24

In MARKETS & M&A NEWS, the FTSE hits a record high, investors start pricing in a US rate increase, the FTC attempts to scupper a deal and City advisers rake in the Nationwide fees. In TECH NEWS, TikTok faces pressure…

Monday 22/04/24

In AUTOMOTIVE NEWS, we see that an EV glut could cause problems, Tesla has a tough time and Nissan cuts profit estimates. In AI NEWS, the US seeks an alliance with Abu Dhabi and commodities traders use AI to get…

Friday 19/04/24

In MACRO & COMMODITIES NEWS, Iran takes action, Sunak faces a big test and there's bad news for chocolate fans. In TECH & MEDIA NEWS, Google streamlines and Meta unveils a new model while Big Tech seeks AI monetisation, TSMC…

Thursday 18/04/24

In MACRO & BUSINESS TRENDS NEWS, the Israeli public is split on how to respond, the Vix soars, China relies on manufacturing as a saviour and Bailey banks on a "strong drop" next month. In TECH & MEDIA NEWS,ASML forecasts…

Wednesday 17/04/24

In MACRO & COMMODITIES NEWS, US inflation remains stubborn, the IMF sticks the boot into the UK again, Hunt it hopeful about tax cuts and Bailey is hopeful about interest rate cuts while wage growth slows and unemployment rises. We…

Tuesday 16/04/24

In MACRO, MARKETS & COMMODITIES NEWS, Iran forces action, US stocks have a wobble, China's GDP growth jumps, oil stays calm but metals prices rise. In TECH & MEDIA NEWS, Samsung boosts US chipmaking, we look at AI development, Apple…

Monday 15/04/24

In MACRO, OIL & MARKETS NEWS, Biden reacts to Iran dialling things up, the oil price implies that the situation isn't expected to escalate, Shell's latest threat could have major consequences and China's capital markets slow down. In BUSINESS &…

Friday 12/04/24

In MACRO & ENERGY NEWS, China's inflation weakens but strong inflation hits US and UK election prospects, the ECB sticks, Vietnam condemns a fraudster to death, UK energy imports are set for a new high, western countries facilitate Russian LNG…

Thursday 11/04/24

In MACRO & REGULATION NEWS, US inflation rises unexpectedly, China gets downgraded, the IMF warns about trade wars, the FCA proposed ditching MiFID rules and watered-down Basel III rules could be good news for US banks. In EMPLOYMENT & BUSINESS…

Wednesday 10/04/24

In BIG PICTURE NEWS, China and Russia get closer, the EU investigates Chinese wind turbines and BP gets downbeat but drilling is set to start at a big North Sea oil field. In CAR NEWS, Chinese vehicle sales rise but…

Tuesday 09/04/24

In MACRO & COMMODITIES NEWS, Jamie Dimon warns of global economic risks, German factory production expands, gold hits a record high, Shell threatens to head across The Pond and Vitol puts in another strong performance. In RETAIL & BEAUTY NEWS,…

Monday 08/04/24

In MACRO NEWS, Biden gets shirty with China, Aukus may get a new member and the UK looks like it's out of recession. In BUSINESS, EMPLOYMENT & CONSUMER TRENDS NEWS, recruitment and starting pay growth lose momentum, flexible working rules…

Friday 05/04/24

In TMT NEWS, LG is downbeat, Samsung is upbeat, a Chinese robot maker is determined, the music industry pushes back against AI, Google's move to charge for AI power could bring cheer for rivals, X dishes out the blue ticks,…

Thursday 04/04/24

In MACRO NEWS, US inflation stays high and might delay our interest rate cuts (which might dent Sunak's bid for re-election), Eurozone inflation falls and more Baltimore repercussions emerge. In MEDIA NEWS, Bob beats Nelson, Paramount enters exclusive talks with…

Wednesday 03/04/24

In MACRO, ENERGY & BUSINESS TRENDS NEWS, inflation in Germany falls, EU gas storage hits new highs, the Bank of England's forecasting gets an overhaul and UK manufacturing turns around. In CAR NEWS, Tesla disappoints, Xiaomi still has room, used…

Tuesday 02/04/24

In MACRO, ENERGY & COMMODITIES NEWS, another Trump/Biden race looks likely to create more uncertainty, Turkey's Erdogan takes a hit, solar panels get used as fences and coffee prices rise. In TECH & MEDIA NEWS, the US and UK agree…

Thursday 28/03/24

In BIG PICTURE NEWS, the yen hits a new low, more weakness is predicted for Germany and we look at the ongoing effects of the Baltimore bridge disaster. In M&A NEWS, we see that the number of big deals doubles…

Wednesday 27/03/24

In BIG PICTURE NEWS, US business in China stalls, the Bridge collapse sends shockwaves, Larry warns of a retirement crisis, the French budget deficit is worse than expected, the UK outlook improves and worries increase over China cornering the copper…

Tuesday 26/03/24

In BIG PICTURE NEWS, Balkan leaders talk conscription, the US and UK accuse China of cyber attacks, British energy imports hit a new high, cocoa prices overtake those of copper and bitcoin's rise wakes VCs up. In RETAIL & LEISURE…

Monday 25/03/24

In MACRO NEWS, the US and Japan get very cosy and KPMG predicts 3% interest rates. In INVESTMENT-RELATED NEWS, US investment funds pull big money out of ESG funds, green investment trusts suffer, tech founders sell shares and bitcoin fund…

Friday 22/03/24

In MACRO NEWS, the Bank of England leaves interest rates unchanged, government borrowing is higher than expected, Turkey hikes rates and Milei gets his chainsaw out. In TMT NEWS, Apple faces an antitrust case, Reddit booms on its debut, Warner…

Thursday 21/03/24

In MACRO, BUSINESS & EMPLOYMENT TRENDS NEWS, the Fed sticks to its rate cut plans, Vietnam is in turmoil, the weight-loss drug trend could be big in China and Gen-Z rage-quitting rises. In TECH NEWS, Intel gets money from the…

Wednesday 20/03/24

In MACRO & MINING NEWS, the BoJ's decision provides a boost, UK inflation falls, Hunt hints at an October election, fund managers get bullish, Hong Kong gets a tougher security law and mining giant Vale faces a massive legal action.…

Tuesday 19/03/24

In MACRO & ENERGY-RELATED NEWS, the Bank of Japan goes crazy, China's industrial production rises, the Eurozone's trade surplus hits a record high and the world's biggest solar panel maker announces deep cuts. In REAL ESTATE NEWS, Evergrande faces accusations,…

Monday 18/03/24

In MACRO NEWS, Putin wins, Wilders is in a pickle and the Bank of England is likely to keep rates unchanged In BUSINESS TRENDS NEWS, recession fears recede, pubs and bars close and ITV announces more cuts. In CAR NEWS,…

Friday 15/03/24

In MEDIA & TECH NEWS, the TikTok drama continues, Reliance buys out Paramount and the government's AI ambitions look questionable. In RETAIL NEWS, John Lewis decides to focus on retail (finally!) while US retail bounces back. In PHARMACEUTICALS NEWS, Wegovy…

Thursday 14/03/24

In BUSINESS & EMPLOYMENT TRENDS, US solar players suffer Chinese competition and Japanese workers get a hefty pay rise. In RETAIL & CONSUMER GOODS NEWS, Dollar Tree shuts stores, Inditex invests and Adidas has its first loss in 30 years.…

Wednesday 13/03/24

In MACRO, ENERGY & OIL NEWS, US inflation surprises, the UK shows signs of puling out of recession, nuke fusion gets closer and OPEC raises 2024 economic forecasts. In CONSUMER, RETAIL & LEISURE-RELATED NEWS, household bills are set to rise,…

Tuesday 12/03/24

In MACRO, ENERGY & CRYPTO NEWS, Japan avoids recession, the UK's inflation basket changes, EQT creates an integrated gas group and the FCA lifts a ban on crypto-backed securities. In TECH & MEDIA NEWS, a Singapore chipmaking start-up opts for…

Monday 11/03/24

In MACRO, OIL & ENERGY NEWS, Biden's economic rating ebbs away, Saudi Aramco pays up despite oil price weakness, cheap power deals are on offer in the UK but the SMR decision has been postponed. In BUSINESS & EMPLOYMENT TRENDS…

Friday 08/03/24

In BIG PICTURE NEWS, the ECB looks at a June rate cut, Hunt takes £200m from councils, Chinese trade is boosted by Russia, Washington pushes for more China restrictions, Apple faces an EU probe, AI's predicted to suck energy and…

Thursday 07/03/24

In MACRO & ENERGY NEWS, we take a look at the Budget, what China's doing to spark the economy and the UK's record support for renewables. In TECH & MEDIA NEWS, Worldcoin meets resistance, OpenAI counterpunches Musk, Meta and Google…

Wednesday 06/03/24

In MACRO & CRYPTO NEWS, China announces an "ambitious" growth target and we take a look at six US swing states, prospects for Hunt's budget, the end of recession and crypto reaching new highs. In FINANCIALS NEWS, the IMF warns…