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French inflation declines more than expected, but spending picks up

Chris Scicluna
Emily Nicol
  • Asian equities ended the day lower, while Asian-Pacific govvie bonds followed the global trend higher. Data-wise, this morning's flash French inflation fell more than expected, but the latest consumer spending figures exceeded expectations. 

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Mixed messages from German and French consumer confidence

Chris Scicluna
Emily Nicol
  • Asian equities followed European markets higher as the European Parliament election results provided no major surprises. But the latest European data were mixed, with German consumer confidence disappointing, while French consumers were reportedly much more upbeat. 

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Japanese inflation picked up, but activity remained weak

Chris Scicluna
Emily Nicol
  • Asian equities edged higher today as Chinese stocks took some support from comments from President Trump. Japanese inflation data picked up in line with expectations, but the latest monthly activity figures were weaker than expected. 

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Theresa May's days appear numbered & Japan's flash PMI disappointed

Chris Scicluna
Emily Nicol
  • Asian equities made losses today as negative noises surrounded the China-US trade war discussions and Japan's flash manufacturing PMI disappointed. Flash euro area PMIs are also likely to be weak, while UK politics will remain in focus as European Parliament elections get underway in several member states.  

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Japan's trade report underwhelms, while May's effort to save Brexit deal falls flat

Chris Scicluna
Emily Nicol
  • Asian equity markets had a mixed day, while Japan's latest trade report underwhelmed and orders data fell short of expectations in Q1. Today will bring UK inflation figures, while Theresa May will likely face further criticism as she presents her 'new' proposals to the House of Commons. 

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