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12 August 2022
565 KB
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- Bunds made losses, particularly at the short end, as data confirmed that euro area IP made a positive contribution to GDP growth in Q2 as supply constraints eased somewhat.
- Gilts made losses across the curve even as data confirmed a drop in UK GDP in Q2.
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10 August 2022
348 KB
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- CPI: finally, a soft reading
- Lower energy prices, and help from some core items
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10 August 2022
427 KB
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- Bunds followed USTs higher, while final German national inflation data confirmed a slight easing in July thanks to temporary support measures. A Bank of France survey suggested that output was stable at the start of Q3.
- Longer-dated Gilts also made modest gains on a quiet day for UK economic data releases.
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9 August 2022
349 KB
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5 August 2022
488 KB
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- Bunds followed USTs lower today, while German IP data suggested an underwhelming performance in June. French IP surprised on the upside, but Italian industrial output slumped.
- Gilts also made large losses, after a UK survey pointed to softer job demand in July while suggesting that supply shortages kept starting salaries high.
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5 August 2022
198 KB
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- Employment growth: still robust
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5 August 2022
300 KB
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- (Weak GDP) + (Strong Employment) = Dreadful Productivity
- Recession or No Recession?
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4 August 2022
154 KB
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- International trade: improvement in June and Q2…
- …but only partial offset to slippage in Q1
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