01 February 2021
Chris Scicluna
- Japan’s manufacturing PMI revised up a fraction to 49.8 in January.
- China’s official PMIs down in January, especially in the service sector where the PMI slumps to 10-month low; Caixin manufacturing PMI at 7-month low, confirming softer picture.
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29 January 2021
Chris Scicluna
- French GDP drops less than expected in Q4 while Spanish GDP actually grows.
- Japan’s IP falls 1.6%M/M in December, but firms forecast big rebound in January.
- Japan’s unemployment rate and jobs-to-applicant ratio holds steady in December.
- Tokyo CPI inflation picks up a greater-than-expected 0.7ppts to -0.5%Y/Y in January; BoJ’s preferred core rises 0.2%Y/Y.
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28 January 2021
Chris Scicluna
- Japanese retail sales fall 0.8%M/M in December as pandemic weighed.
- Australian export prices rise sharply in Q4 on metals demand.
- Kiwi merchandise trade surplus narrows unexpectedly in December.
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27 January 2021
Chris Scicluna
- German consumer sentiment falls sharply, French households more downbeat too.
- UK shop price survey suggests that impact of weak demand due to lockdown more than outweighed new cost pressures from Brexit and shipping freight.
- China’s industrial profits end last year on a strong note.
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26 January 2021
Chris Scicluna
- UK payrolls rose in December as containment measures eased but vacancies slowed.
- Italian PM Conte to resign today but early elections still not expected.
- BoJ December Policy Board minutes discuss adding flexibility to ETF purchases and YCC; also note importance of raising Japan’s growth potential.
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