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German and French consumer confidence weakens

Chris Scicluna
  • German and French consumer confidence weakens as second wave takes its toll.
  • EU-UK negotiations continue after OBR highlights likely hit from no deal.
  • Japan’s leading index revised down slightly in September.

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Japanese department store sales fall, while German Q3 GDP is revised up

Chris Scicluna
  • French INSEE survey tallies with flash PMIs to suggest marked weakening in Q4.
  • Ahead of the latest ifo survey results, German Q3 GDP revised up.
  • Japan’s nationwide department store sales still weighed by pandemic last month.

 

 

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Australia’s PMIs strengthen; Kiwi retail sales rebound in Q3

Chris Scicluna
  • Australia’s PMIs strengthen ahead of release of equivalent European indices.
  • This week’s US economic diary jam-packed ahead of Thursday’s Thanksgiving holiday.
  • Tokyo CPI the highlight of a quiet week in Japan; corporate profits data due in China.

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UK retail sales up as consumers start Christmas shopping

Chris Scicluna
  • Japan’s CPI offers no big surprises in October; composite PMI fell in November.
  • China’s benchmark prime lending rates kept unchanged, in November, as expected.
  • Australian retail sales rebound in October as stores reopen in the state of Victoria.

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Australian employment surges as workers return to the labour force

Chris Scicluna
  • Asian markets mixed after US equities weaken as new shutdowns dominate vaccine news.
  • Australian employment surges as workers return to the labour force, but jobless rate still nudges up.
  • EU leaders’ teleconference the main focus in Europe today.

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