06 June 2023
Emily Nicol
,
Chris Scicluna
- More encouragingly, basic pay growth in Japan rose to a four-month high
- Japanese household expenditure fell for the third consecutive month
- German factory orders fell short of expectations
- UK retail survey suggested that sales growth weakened as high prices continued to erode households purchasing power
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05 June 2023
Emily Nicol
,
Chris Scicluna
- Updated euro area GDP figures are highly likely to see the modest growth initially reported revised away
- German goods trade surplus unexpectedly rose
- US services ISM survey for May likely to suggest ongoing expansion in the sector
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01 June 2023
Emily Nicol
,
Chris Scicluna
- Japanese MoF survey implies that firms’ capital spending was stronger than initially estimated
- German retail sales ticked up only modestly
- Euro area inflation is expected to take a big step down in May
- Latest UK bank lending figures likely to flag negative impacts from ongoing tightening of financial conditions
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26 May 2023
Chris Scicluna
,
Emily Nicol
- UK retail sales returned to growth, with the firmest momentum in sixteen months
- French consumer confidence moved sideways, but remained well below the long-run average
- US personal spending and PCE deflators figures a key focus today
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24 May 2023
Emily Nicol
,
Chris Scicluna
- This morning’s UK inflation data revealed broad-based intensification of core pressures
- The Reuters Tankan survey signalled an acceleration in Japan’s recovery momentum
- Germany’s ifo survey is likely to report a further improvement in conditions in the services sector
- In the US, the FOMC’s minutes from its early May meeting will be published
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