❗️Financial Conditions Stabilize Across The Board: Cable FX Macro

**As seen in Macro Walk report 10/21/22, subscribe at cablefxm.co.uk/reports

• The Bloomberg financial conditions indexes have continued to slide over these last few weeks, with the UK having some heavy swings thanks to the political turmoil that's rocking the country's leadership positions

• European Financial Conditions have been trending noticeably lower to their UK and American counterparts, this mainly due to the ongoing energy crisis, as the full risks of it have yet to be fully reflected.

• However, conditions have stabilized this week. Remind our readers that negative prints equal to conditions tightening, while the opposite point to easing.