27th July 2022

  • IMF Cuts World GDP Outlook a Third Time as Inflation, Rates Jump

Outlook risks ‘overwhelmingly tilted to downside,’ fund says

World may soon be teetering on recession edge, Gourinchas says

https://blinks.bloomberg.com/news/stories/RFMW3MT0G1KW

  • Biden Will Speak to Xi on Thursday as US-China Ties Worsen

Tensions have risen over possible Pelosi visit to Taiwan

Biden considering lifting some tariffs imposed by Trump

https://blinks.bloomberg.com/news/stories/RFNSAODWX2PS

  • Oil Climbs as US Crude Stockpiles Shrink Ahead of Fed Decision

Crude inventories fell by 4.04 million barrels last week: API

Central bank expected to approve big rate hike on Wednesday

https://blinks.bloomberg.com/news/stories/RFO1HTT0AFB4

  • SOFR Futures Market Gets Big Block Trade as Bet on Hawkish Fed

Position anticipates wider gap between 2022 and 2023 contracts

Swaps price in at least two quarter-point rate cuts next year

https://blinks.bloomberg.com/news/stories/RFN938T0G1KW

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