25 July 2022
Emily Nicol
- US Q2 GDP data published on Thursday
- In the euro area, July CPI data and Q2 GDP data the highlights
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22 July 2022
Chris Scicluna
,
Emily Nicol
- Japanese headline inflation eases slightly in June as fresh food prices drop and energy inflation was limited by policy measures
- Japan’s flash PMIs surprise on the downside in July as supply constraints and higher cost burdens weigh
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21 July 2022
Chris Scicluna
,
Emily Nicol
- BoJ's Kuroda insists that higher rates or a wider target range for 10Y JGB yields are not under consideration despite revising up its inflation forecast over the horizon.
- ECB set to raise key interest rates for the first time since 2011.
- With Draghi set to resign as Prime Minister today, the collapse of Italy’s government is particularly ill-timed in light of ECB discussions on its new anti-fragmentation tool.
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20 July 2022
Chris Scicluna
,
Emily Nicol
- German PPI remains extremely elevated, but there are hints that pipeline pressures might ease as long as natural gas flows resume
- Euro area consumer confidence index likely to remain near its record low
- Italian politics in focus as Draghi addresses the Senate this morning ahead of key confidence vote
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19 July 2022
Chris Scicluna
,
Emily Nicol
- Updated euro area inflation numbers will likely confirm a record high rate in June
- Euro area construction output probably made only modest recovery in May; the ECB’s latest bank lending survey will likely report a tightening of lending conditions
- US housing starts expected to have declined in June
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