15 June 2023
Chris Scicluna
,
Emily Nicol
- PBoC cuts 1-year loan rate as Chinese recovery momentum ebbs
- Retail sales and IP reports due on a busy day for US data after the Fed’s hawkish pause
- Net trade on track to provide a boost to Japan’s GDP growth
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14 June 2023
Chris Scicluna
,
Emily Nicol
- Fed set to pause tightening cycle, focus on dot-plot and guidance for near-term policy path
- Euro area IP to have risen in April, but will fail to reverse the weakness at the end of Q1
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13 June 2023
Chris Scicluna
,
Emily Nicol
- Japanese survey signals marked improvement in domestic economic conditions and expectations for the second half of the year
- Final German CPI inflation data confirmed a notable drop in headline inflation to a fifteen-month low
- As the FOMC’s two-day meeting gets underway, all eyes will be on US CPI report, with headline inflation expected to fall to the lowest since March 2021
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12 June 2023
Emily Nicol
,
Chris Scicluna
- ECB expected to raise rates by a further 25bps
- BoJ to leave unrevised its yield curve control framework
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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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