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Japanese GDP drops to lowest level since 2011

Emily Nicol
Chris Scicluna
  • Japanese GDP drops at a record rate as consumer spending and exports plunge.
  • Flash PMIs, as well as US housing, and UK and Japanese inflation, the data highlights this week.

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UK worst hit economy in Q2

Emily Nicol
Chris Scicluna
  • UK was worst hit economy in Q2.
  • Australian consumers more downbeat as pandemic revives.

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UK jobs fall sharply to 3-year low

Emily Nicol
Chris Scicluna
  • UK jobs and pay down sharply.
  • Japanese economy watchers downbeat about the outlook.
  • Australian business confidence worsens too.

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Chinese inflation edges higher

Emily Nicol
Chris Scicluna
  • Chinese inflation came in slightly ahead of expectations on the back of higher food prices.
  • BoF more downbeat about recent recovery.

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Japanese spending, Chinese exports & German manufacturing in recovery mode

Emily Nicol
Chris Scicluna
  • Japanese spending surges, but wages remain weak.
  • Chinese exports rebound, but imports slip back.
  • German and French manufacturing continues to recover.

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