Recent Blogs

FILTER POSTS

Category

Archive

UK CPI inflation rose to a new 40-year high

Chris Scicluna
Emily Nicol
  • German PPI remains extremely elevated, but there are hints that pipeline pressures might ease as long as natural gas flows resume
  • Euro area consumer confidence index likely to remain near its record low
  • Italian politics in focus as Draghi addresses the Senate this morning ahead of key confidence vote

Categories : 

UK labour market remains tight despite a welcome drop in inactivity

Chris Scicluna
Emily Nicol
  • Updated euro area inflation numbers will likely confirm a record high rate in June
  • Euro area construction output probably made only modest recovery in May; the ECB’s latest bank lending survey will likely report a tightening of lending conditions 
  • US housing starts expected to have declined in June

 

Categories : 

A big week for monetary policy

Chris Scicluna
Emily Nicol
  • The first ECB rate hike since the ill-fated tightening of 2011 expected on Thursday
  • Contrasting with the ECB, the BoJ Policy Board meeting is widely expected to see policy left unchanged
  • Data-wise, June CPI inflation figures are due from the euro area, UK and Japan

Categories : 

UK GDP confounds gloomy expectations

Chris Scicluna
Emily Nicol
  • Japanese Reuters Tankan signals subdued business conditions at start of Q3
  • BoF survey suggests steady French economic activity in June
  • Final June inflation data to confirm flash estimates, with German rates lowered by temporary policy measures but French inflation boosted by higher energy and food prices

Categories : 

UK retail survey flags marked hit to discretionary spending

Chris Scicluna
Emily Nicol
  • Japanese PPI data illustrate elevated pipeline price pressures
  • German ZEW investor survey likely to echo pessimism recorded in last week’s Sentix survey
  • US small business survey likely to report increased pessimism

 

Categories :