17 September 2020
Chris Scicluna
,
Emily Nicol
- Fed more positive on the economy, but signals no rate hike until at least 2024.
- BoJ leaves policy settings unchanged, upgrades economic assessment.
- BoE’s MPC to sit on the side-lines today ahead of unpredictable autumn.
- Australia’s labour market strengthened in August, confounding expectations.
- Kiwi GDP contracts at record 12.2%Q/Q pace in Q2, much less than expected earlier.
Share
16 September 2020
Chris Scicluna
,
Emily Nicol
- Asian markets mixed as Suga retains key ministers from Abe’s cabinet and investors await the Fed.
- Japan’s exports continue to rebound in August, imports remain soft, as BoJ meeting looms.
- UK inflation fell sharply last month on government support for the hospitality sector.
Share
15 September 2020
Chris Scicluna
,
Emily Nicol
- China’s industrial activity, retail spending and capex firmer in August.
- UK labour market data a mixed bag, but sharp jump in redundancies is on its way.
- RBA minutes provide no hints of further easing; AUD said to be at fair value.
Share
09 September 2020
Chris Scicluna
- Asian stocks fell after US tech rout continued; AstraZeneca vaccine news also weighs
- China’s CPI inflation eases in August as expected, core inflation steady at 10-year low
- Law-breaking UK bill to be published today to have key bearing on no-deal risks
- Australian consumer confidence rebounds in September
- Kiwi businesses also less downbeat in September, but 3Y NZGB yield turns negative
Share
08 September 2020
Chris Scicluna
- Japan’s business capex revised down sharply in Q2, but GDP revised down slightly
- Japan’s consumer spending and labour incomes soft in July, sentiment weak
- Trump continues anti-China rhetoric
- Australian business conditions deteriorate as Victoria lockdown weighs
- German export growth moderates at start of Q2
- A stronger UK retail survey
Share