Recent Blogs

FILTER POSTS

Category

Archive

Japanese and German data underwhelm

Chris Scicluna
Emily Nicol

While activity has inevitably rebounded somewhat as and when lockdowns have been relaxed, the latest Japanese spending and German IP data remained underwhelming. 

Categories : 

German factory orders still subdued

Chris Scicluna
Emily Nicol

While the recovery in Germany’s retail sector from the pandemic shock has been swift, the recovery in Germany’s manufacturing sector is shaping up to be far less dynamic. 

Categories : 

Japan’s business conditions tank

Emily Nicol
Chris Scicluna
  • The BoJ’s Tankan offered a very downbeat assessment of the outlook for Japanese businesses, while consumers remain seemingly still very pessimistic too. In contrast, there was an unmistakeable V-shaped rebound in German retail sales in May.

Categories : 

Japanese data continue to disappoint

Emily Nicol
Chris Scicluna
  • While the Chinese PMIs suggest ongoing steady, but relatively gradual, economic recovery from the shock of the pandemic, the latest Japanese IP and labour market figures were still consistent with an economy reeling from the blow of the pandemic.

Categories : 

Japanese manufacturers more downbeat as exports tumble

Chris Scicluna
Emily Nicol
  • Japanese manufacturers remained extremely downbeat as exports fell by the most since 2009, illustrating the significant impact the pandemic at home and abroad is having on economic activity. And with the number of overseas visitors at their lowest since the series began in the early 1990s, services firms maintained pessimism about the near-term outlook too.

Categories :