Macro
Some examples of key recurring macro releases include employment statistics, inflation projections, GDP estimates and figures, trade data, manufacturing updates, import and export figures, and more.
Macro trading is a strategy, or set of strategies, in which traders launch positions in relevant financial instruments (currencies, for example, or equities indexes) so as to take advantage of broad and generally longer-term trends such as the rapid expansion of a given national economy, rising inflation, employment expansion or similar.
The policies, plans, and projections of international organisations such as the World Trade Organisation, the International Monetary Fund, or Opec often figure prominently in macro trading strategies, as do the outlooks issued by national governments or central banks.
Saxo’s strategy team provide expert analysis of macro trends with a focus on political and economic policy, inflation, employment, energy inventories, demand, and monetary policy. Our Quarterly Outlooks and Outrageous predictions, as well as regular updates from our strategy team, provide insight into where our strategy team thinks macro trends are heading and how to use them to your advantage when trading or investing.
Macro, or macroeconomic, data traditionally consist of high-level information releases from countries, transnational organisations, or economic blocs. Investors and traders look for patterns and trends within these releases to anticipate moves in financial markets.
More on the yield curve inversion, recession risk and market path from here
Steen Jakobsen
Chief Economist & CIO
Achtung! German GDP & Ugly Europe/China Industrial Data Sends Yields & Stocks Lower
Eleanor Creagh
Australian markets strategist, Saxo Bank
Macro Digest: New lows in US yield indicate rising recession risk
Steen Jakobsen
Chief Economist & CIO
From Trade War to Currency War, CNY on the move
Eleanor Creagh
Australian markets strategist, Saxo Bank