14 January 2021
Chris Scicluna
- Japan’s core machine orders rise unexpectedly to a 9-month high in November; goods PPI lifted by higher fuel and metals prices; BoJ Regional Economic Report mixed.
- China’s trade surplus hits record high in December as both exports and imports beat expectations.
- Kiwi dwelling approvals increase to new record high November.
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13 January 2021
Chris Scicluna
- Japan’s machine tool orders up 8.7%Y/Y as foreign orders rebound.
- Chinese credit growth slows in December as the economy normalizes.
- Central bank signals improvement in French economy at end-2020.
- Future of Italian government still in balance.
- Australian job vacancies recover further to record high in Q4.
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12 January 2021
Chris Scicluna
- Japan’s Economy Watchers current conditions index declines sharply in December, but outlook index stabilizes; bank lending growth steady in December.
- Australian consumer confidence steady in early January, but attitudes to spending improve.
- BRC and Barclaycard data point to soft end to 2020 for UK retail sales.
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11 January 2021
Chris Scicluna
- China’s CPI and PPI inflation lifts in December, but core consumer prices still soft.
- Australian retail sales confirmed to have surged in November.
- Kiwi dataflow resumes with building approvals, housing and food price reports.
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08 January 2021
Chris Scicluna
- Following yesterday's comments flagging the concerns of Japan's authorities about FX developments, the yen weakened briefly through 104/$, the weakest in 3 weeks.
- Japan’s consumption data paint mixed picture for November, but Q4 on track for robust growth; Cabinet Office leading index rises to near 2-year high in November.
- German IP up for seventh successive month with imports outpacing exports.
- Despite ongoing growth in manufacturing, French IP falls due to drop in energy output.
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