Overseas Headlines – April 6, 2022

United States:

Fed Minutes to Reveal Long-Awaited Details on Balance-Sheet Plan

“The Federal Reserve will unveil details of its likely plans to shrink its massive balance sheet with the release of minutes of the U.S. central bank’s March meeting, as policy makers confront the highest inflation in four decades.”



German Factory Orders Fall as Economy Faces Ukraine War Fallout

“German factory orders fell for the first time in four months in the runup to Russia’s invasion of Ukraine, underscoring concerns over slower growth in Europe’s largest economy.”



China Covid Outbreak Hits Spending With More Damage to Come

“China’s services sector took a massive knock in March from the nation’s worst Covid outbreak since the start of the pandemic, with latest holiday spending figures showing there’s more damage to come this month.”



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