29 October 2020
Chris Scicluna
- ECB expexted to signal the likelihood of an increase in the PEPP envelope by year-end, and flag scope to increase asset purchase pace before the next meeting too.
- BoJ leaves policy settings unchanged, lowers near-term growth & inflation forecasts.
- UK car production drops to 25-year low in September.
- Australian and Kiwi business confidence improves but still weak overall.
Share
28 October 2020
Chris Scicluna
- Australia’s CPI rebounds in Q3 but underlying inflation weak and no barrier to RBA easing.
- French consumer sentiment only slightly softer ahead of Macron address to the nation.
- Survey points to only modest easing of deflationary pressures on the UK high street.
Share
27 October 2020
Chris Scicluna
- Japan’s underlying inflation remains near zero in September.
- China’s industrial profit growth slows in September, but off high base.
- Aussie consumer confidence rises to a 6-month high while Melbourne restrictions lift.
Share
26 October 2020
Chris Scicluna
- ECB set to be dovish this week, BoJ to revise down its forecasts.
- Euro area and US Q3 GDP data will show vigorous rebound but doubts grow about Q4.
- Japan’s services price data beat expectations, but underlying picture still subdued.
Share
23 October 2020
Chris Scicluna
,
Emily Nicol
- French flash October PMIs weaken more than expected on pandemic resurgence.
- German services PMIs fall too, but manufacturing output index near 10-year high.
- Japan’s core CPI lifts in September, annual inflation weak in part due to policy measures.
- UK retail sales maintain steady upwards trend, but consumer confidence deteriorates.
Share