23 June 2022
Chris Scicluna
,
Emily Nicol
- Japanese department store sales data flattered by base effects related to Covid restrictions
- Euro area PMIs to point to ongoing services recovery; but French INSEE flags weaker retail optimism
- UK public borrowing exceeds expectations
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22 June 2022
Chris Scicluna
,
Emily Nicol
- Euro area consumer confidence set to remain at historically low level
- Powell to repeat to Congress Fed commitment to bringing inflation back to target
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20 June 2022
Chris Scicluna
,
Emily Nicol
- No take-up at BoJ’s latest JGB purchase operation as Kuroda repeats new yen mantra
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16 June 2022
Chris Scicluna
- Despite intensified price pressures, the BoE is likely to hike by just 25bps today as GDP weakens and the external demand outlook clouds
- Japan’s adjusted trade deficit hit a series high due to a surge in energy imports
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15 June 2022
Chris Scicluna
- The PBoC eschewed a rate cut, helping the yuan to appreciate.
- Japan’s services data signalled the likelihood of firm GDP growth in Q2 with machine orders up sharply too.
- The Fed now seems bound to hike the FFR target range by 75bps later today.
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