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The U.S. Treasury Department: It will borrow $574 billion in the first quarter, with an expected cash balance of $850 billion at the end of the period. It expects to borrow $109 billion in the second quarter, with an expected cash balance of $900 billion at the end of the period.February 3rd - According to a report by Israels Channel 12 on the evening of February 2nd, Israel will present its "three nos" demands regarding Iran during its meeting with visiting US Presidential Envoy Witkov on February 3rd. These demands stipulate that in any potential agreement between the US and Iran, Iran must agree to the following three "red lines": no nuclear program, no ballistic missile program, and no support for armed "proxies," including so-called "terrorist organizations" that threaten Israel. The report states that in addition to Israeli Prime Minister Netanyahu, Mossad chief Barnea and Chief of the General Staff Zamir will also attend the meeting with Witkov. The report also states that Israel still believes that "overthrowing the Iranian regime through military action is possible."The Federal Reserve’s Senior Loan Officer Opinion Survey (SLOOS) indicates that overall household credit demand is weakening, with a general decrease in demand for mortgages, auto loans, and consumer loans, despite banks slightly easing their approval standards for auto loans.The Federal Reserves Senior Lending Directors Opinions Survey (SLOOS) indicates that banks expect demand for all types of loans to increase in 2026, with overall standards remaining stable and corporate credit quality improving, but smaller businesses, mortgages, and consumer loans facing greater pressure.The Federal Reserves Senior Lending Directors Opinion Survey (SLOOS) reported in January that U.S. banks tightened their commercial lending standards in the fourth quarter of 2025, while demand for loans from large and medium-sized enterprises increased.

Two Trades to Watch: DAX, GBP/USD

Jimmy Khan

May 07, 2022 10:43


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The DAX is falling as industrial output declines.


After a slaughter on Wall Street that saw the Nasdaq finsh 5% down, European equities have begun in the red, extending losses from the previous day.


Fears of inflation, stagflation, and recession are weighing on the market as we approach the weekend. The DAX is expected to shed 1.4 percent this week, marking the fifth consecutive week of losses.


In March, German industrial output decreased -3.9 percent on a month-over-month basis, down from 0.2 percent in February and considerably below the -1 percent drop forecast. The negative report comes on the heels of a sharp drop in German manufacturing orders in March. The data represents the economic effect of the Russian conflict on Germany and the Eurozone as a whole.


Germany does not have any additional statistics due today. Sentiment and the US NFP announcement will affect European indexes.

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