Daily Archives: July 12, 2023

Macro Briefing: 12 July 2023

* More rate hikes expected no matter what today’s US inflation data reveals
* Possible UPS strike would be “disruptive” for US economy
* Auto industry prepares for contentious talks with unions
* Demand for lithium and other critical minerals is surging, IEA says
* Housing market may be near inflection point as prices look set to spike
* Variations for measuring inflation stir debate on which metrics are best
* World expected to consume more oil than it produces in 2023
* US Dollar Index trades near lowest level in over a year:

Continue reading