27 January 2022
Chris Scicluna
,
Emily Nicol
- Following improved German business surveys, consumer confidence also improves slightly to suggest stabilisation in economic conditions at the start of the year.
- US Q4 GDP data to confirm another quarter of above-potential growth at the end of 2021.
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24 January 2022
Chris Scicluna
,
Emily Nicol
- All eyes won the FOMC and Powell's press conference for clues on policy outlook.
- Japan’s flash PMIs predictably signalled a hit to services activity in the New Year due.
- In the euro area, today’s flash PMIs will also flag the hit to services; Q4 GDP estimates (Friday) from Germany, France and Spain to report a sharp slowdown in growth.
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21 January 2022
Chris Scicluna
,
Emily Nicol
- While headline Japanese inflation rises to a 3-year high, the data miss expectations with no increase in core measures and new pressures limited to food prices.
- UK retail sales drop much further than expected in December. as Omicron, high inflation, supply shortages and deteriorating confidence bite.
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20 January 2022
Chris Scicluna
,
Emily Nicol
- Japanese exports slip back in December but so do imports, so net trade likely boosted GDP growth in Q4.
- INSEE survey reports adverse impact of pandemic wave on French service sector at start of 2022.
- Account of ECB’s December policy meeting to flag the range of views on the Governing Council about the policy outlook.
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19 January 2022
Chris Scicluna
,
Emily Nicol
- UK headline and core CPI up to the highest rates in 30 years amid broad-based price pressures; English coronavirus restrictions to be eased.
- Fall in German HICP inflation in December confirmed.
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