08 July 2022
Emily Nicol
- Japanese household spending falls in May amid higher prices
- Japanese economy watchers less upbeat about conditions
- UK jobs survey suggests softest jobs growth for sixteen months
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07 July 2022
Chris Scicluna
,
Emily Nicol
- BoJ’s consumption activity index signals a solid rebound in spending on services
- The ECB account of the 9 June meeting that pre-committed to rate hikes in July and September will be scrutinised
- The minutes of the FOMC’s June meeting reaffirmed the Fed is on an aggressive path of tightening
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06 July 2022
Chris Scicluna
,
Emily Nicol
- German factory orders avoid fourth successive drop but trend still very weak; manufacturing turnover up
- Euro area retail sales figures likely to remain subdued
- Politics dominate in the UK, with a majority of Brits wanting Johnson to quit; sterling to benefit as likelihood of Johnson’s departure increases
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05 July 2022
Chris Scicluna
,
Emily Nicol
- Japanese services PMI at 3rd-best on series despite downwards revision
- French manufacturing output ends losing streak with modest uptick up in May as car output rises
- UK new car sales have worst June since 1996
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04 July 2022
Chris Scicluna
,
Emily Nicol
- German goods trade balance in deficit for first time since 1991 as import price shock continues to reverberate
- ECB meeting account and (subdued) euro area retail sales data to come later in the week
- Japanese wage and spending figures to be watched this week
- US payrolls growth set to have slowed on concerns about economic outlook
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