DeltaFunded

This week is basically one question: is US disinflation stalling just as growth re-accelerates?  Markets will trade the USD through the lens of “higher-for-longer” risk. Expect rates first, USD second, equities last —especially around the two big 3:30 PM clusters. Monday (January 12) — Powell headline risk 3:00 AM — USD — Fed's Chair Powell speech Numbers:   locked (no details) What it implies:  This is headline-driven —any hint on timing/comfort with inflation progress can swing pricing. If...

This is a “pricing week” more than a “policy week”: markets will mainly trade inflation prints in Europe and labor data in North America. Expect rate paths (not earnings) to drive the biggest FX and yields moves. If you’re running risk, the real action clusters around Tuesday 3:00 PM  (EUR CPI burst), Wednesday 12:00 PM  (EUR HICP cluster), and Friday 3:30 PM  (CAD jobs + US payrolls/wages dump). Monday (Jan 5) No major releases listed. Typical pre-positioning day: watch how EUR and USD rates...

This week is all about central-bank reaction functions colliding with fresh inflation prints. The main trade is rates → FX → equities , with GBP and EUR  especially sensitive into Thursday, and JPY  waiting for Friday’s BoJ headline risk. Below is the calendar rewritten for how it typically trades — what I’d watch, where the landmines are, and which markets tend to move first. Monday (Dec 15) — Canada inflation sets the CAD tone early 3:30 PM — CAD BoC Consumer Price Index Core (YoY) (Nov)...