The week ahead will see a continuation of economic data from across the various regions. In the UK, the inflation numbers for April is expected to show a continued increase in consumer prices, while also we will get to see whether wages have managed to keep up the pace. In the Eurozone, the second GDP estimates and inflation figures will be com...
Market Summary Japan Q2 GDP revised from 0.0% to 0.20% China imports and exports fare better than expected Australia trade deficit at 2.41 billion Japan’s economy watchers sentiment improves to 45.6 ECB leaves minimum bid rate at 0.00%, unchanged Today’s Economic events UK RICS house price balance 12% vs. 5% Japan...
Market Summary Japan GDP growth in Q2 stays flat BoJ lowers CPI, based on new base year and formula BoE’s Chief economist, Andy Haldane defends central bank’s policies European markets quiet on account of regional bank holiday US Empire state manufacturing index falls to -4.2 Today’s Economic events UK Rightmove HPI ...
The US dollar closed the week as the second weakest currency, only next to the British pound. The US dollar fell sharply over the week but managed to recover some ground on late Friday. Data over the week included weak nonfarm productivity data for the second quarter and a flat retail sales print. Despite a weak print, gold prices settled modest...
Japan's GDP for the first quarter was revised higher to 0.50%. In the UK, industrial production in April surged the most in two years. China's trade balance numbers remained muted, and World Bank cut global growth forecasts. Here’s what’s moving the markets today. Today’s Economic events Japan GDP q/q 0.50% vs. 0.50%; GDP y/y 1.90% vs. 1....
Japan posted a surprise rebound in the annualized GDP growth in the first quarter. UK's unemployment rate remained unchanged at 5.10% showing signs that the labor market was cooling off. The Eurozone's inflation report showed the region slipping back into deflation while FOMC meeting minutes will be key for the markets today. Today’s Economic e...
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