11 October 2022
Chris Scicluna
,
Emily Nicol
- Drop in UK unemployment rate to its lowest since 1974 reflects increased inactivity
- Japanese economy watchers less pessimistic about household demand in September as Covid infections fall back
- Italian IP data expected to report a modest drop in output
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10 October 2022
Chris Scicluna
,
Emily Nicol
- UK labour market figures on Tuesday are expected to show that unemployment remained at the 48-year low of 3.6% in the three months to August; August’s GDP report (Wednesday) is likely to confirm very subdued growth on the month
- Euro area IP and goods trade figures (due Wednesday and Friday) are expected to show that output rose in August despite a decline in Germany
- A busy week ahead in the US brings the Fed minutes from the 21 September FOMC meeting (Wednesday), followed by September’s CPI report (Thursday)
- Following today’s Japanese holiday, the focus this week will turn to sentiment indicators, with the economy watchers, Reuters Tankan and BoJ’s consumer opinion survey all due
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06 October 2022
Emily Nicol
- BoJ’s quarterly Regional Economic Report maintained the assessment that Japan’s economy is recovering moderately
- Given ongoing concerns about the government’s large and unfunded fiscal package, Fitch yesterday revised the outlook on the UK’s AA- credit rating to negative
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04 October 2022
Emily Nicol
- Euro area PPI inflation expected to rise to a new series high in August
- US factory orders data expected to have declined for a second successive month in August
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03 October 2022
Emily Nicol
- BoJ’s Tankan survey reports a further rise in firms’ inflation expectations
- Tokyo CPI figures for September due tomorrow, while the latest household consumption and wage data are due on Friday
- ECB account on Thursday will be watched for the debate between the hawks and doves
- A busy week for top-tier US releases includes the manufacturing and services ISMs, as well as the employment report on Friday
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