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French consumer confidence lowest since 2014

Chris Scicluna
Emily Nicol
  • German consumer confidence signals subdued household spending in Q2
  • German Q1 GDP growth unrevised at 0.2%Q/Q, underpinned by solid construction investment

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Japanese PMIs imply recovery in services

Chris Scicluna
Emily Nicol
  • Underlying inflationary pressures continue to broaden in Japan
  • Euro area flash PMIs set to point to ongoing services recovery
  • UK flash PMIs to signal a further loss of momentum amid higher living costs

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Beijing Covid outbreak weighs on Chinese markets

Chris Scicluna
Emily Nicol
  • Japanese flash PMIs and Tokyo CPI figures for May the highlights this week
  • Euro area sentiment surveys to flag persisting supply-side constraints
  • UK flash PMIs and retail sector survey to highlight impact of cost of living crisis

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UK retail sales post surprise rise

Chris Scicluna
Emily Nicol
  • Euro area consumer confidence to remain extremely subdued, French retail sales drop, while German PPI inflation jumps to new series high
  • Japan inflation above 2% for the first time since 2008

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Japan’s trade deficit largest for eight years

Chris Scicluna
Emily Nicol
  • Japan machine orders point to subdued recovery in private sector capex in Q2
  • UK CBI manufacturing survey to flag challenges amid supply constraints and higher prices

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