07 April 2022
Emily Nicol
- Japanese consumption declined for third consecutive month; BoJ consumer opinion survey suggests households’ financial situations will continue to deteriorate.
- German industrial production ekes out modest increase in February.
- ECB account from the March Governing Council meeting to offer insight into debate on the expected economic impact of Russia’s invasion of Ukraine.
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06 April 2022
Chris Scicluna
,
Emily Nicol
- Chinese Caixin services PMI plummets to its lowest level since February 2020 to signal sharp contraction amid rising Covid cases and tighter restrictions.
- Euro area PPI inflation set to rise to new series high; construction PMIs likely to suggest ongoing expansion in sector at end-Q1.
- Fed’s minutes of its March policy meeting should provide further plenty of information on the FOMC’s plans to reduce its balance sheet.
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04 April 2022
Chris Scicluna
,
Emily Nicol
- German goods trade data surprised on the upside as exports jumped on strong demand from other euro area member states, while shipments to Russia fell sharply as sanctions were tightened towards the end of the month.
- The FOMC minutes from 16-March meeting and the ECB account from the 10-March meeting will be watched closely for further insights into the near-term path for policy.
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01 April 2022
Chris Scicluna
,
Emily Nicol
- BoJ Tankan reports deterioration in Japanese business conditions amid significantly higher cost pressures.
- We expect flash data today to show that euro area inflation leapt to about 7%Y/Y in March, driven higher principally by energy and food prices.
- The US labour market report is likely to confirm another month of solid growth in nonfarm payrolls.
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31 March 2022
Chris Scicluna
,
Emily Nicol
- The BoJ announced plans to increase the amount of bond purchases for maturities between 1-10Y in the coming quarter.
- China’s PMIs signalled contraction at end-Q1.
- French inflation exceeded expectations on higher energy and food prices with core inflation seemingly barely stronger and still close to the ECB's target.
- UK GDP growth in Q4 revised up, and house prices accelerated at fastest pace since 2004.
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