A slew of economic reports from around the biggest global economies. Starting with US GDP, then Mexico, Germany and Europe then finally some critical macro data from China. There is indeed a common thread running through all of them, and it has markets spooked: CtG hit a new multi-year low barely above the 2020 lows.
Eurodollar University's Money & Macro Analysis
CNBC Private payroll growth slowed to 62,000 in April, well below expectations
https://www.cnbc.com/2025/04/30/adp-jobs-report-april-2025.html
Bloomberg Mexico Economy Narrowly Dodges Recession Amid US Trade Chaos
https://www.bloomberg.com/news/articles/2025-04-30/mexico-economy-narrowly-dodges-recession-amid-trump-trade-chaos
CNBC Euro zone economy expands by better-than-expected 0.4% in the first quarter
https://www.cnbc.com/2025/04/30/euro-zone-gdp-q1-2025.html
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
What is Eurodollar University?
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.