Welcome to Big Macro Picture

Find out more about our unique approach to Market and Economic analysis across different timeframes.

Saturday, 10 November 2012

US MARKET ANALYSIS (November 10th 2012): Prevailing Bearish Sentiment in Market Breadth

Just a quick post this weekend to highlight the technical weakness in US market breadth, which has deteriorated over the last month or so. As we highlighted last week, leading economic indicators were broadly disappointing for the month of October. While encouraging signs were made in the recovery of US indicators, and there were some early signs of a "bottoming out" of Chinese...

Sunday, 4 November 2012

GLOBAL ECONOMY (November 4th 2012): Global PMI Round-up; How Strong Is the "Improving" Trend in Economic Data Worldwide?

Thursday and Friday this week saw the release of important economic reports from the United States and the rest of the world. ISM Manufacturing, Non Farm Payrolls, Unemployment Claims and PMI stats were released for October - with important implications for the imminent US Presidential Election, ongoing global monetary policy and overall trends in the global economy. In...

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