12 November 2020
Chris Scicluna
- Japan’s core machine orders fall in September, with a further decline forecast in Q4.
- Japan’s service sector activity expands solidly but goods PPI falls.
- UK recovery lags well behind other major economies despite record Q3 growth.
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11 November 2020
Chris Scicluna
- Japan’s machine tool orders show signs of stabilizing in October.
- Australian consumer confidence rises to 7-year high in November.
- RBNZ holds cash rate & QE steady, upgrades outlook, but announces bank funding programme.
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10 November 2020
Chris Scicluna
- BoJ introduces new deposit facility to support regional banks while Japan’s MoF confirms intention to compile third supplementary budget.
- Japan’s ‘Economy Watchers’ cautiously more upbeat, but bank lending growth slows.
- A record rise in French unemployment, but manufacturing output maintains recovery.
- Kiwi retail spending surges in October as pandemic restrictions removed.
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09 November 2020
Chris Scicluna
- Japan’s Reuters Tankan suggests firm growth in manufacturing
- BoJ Consumption Activity Index rises in October; Japan leading index at 14-month high
- China’s trade surplus widens as export growth firms, imports slow more than expected
- German exports continue to outpace imports
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06 November 2020
Chris Scicluna
- Fed leaves policy and key messages unchanged.
- German IP rises in September, below expectations and still down 7.3%Y/Y.
- Japan’s labour cash earnings firmer than expected in September and real household spending rebounds in Q3.
- RBA SMP repeats negative cash rate ‘extraordinarily unlikely’, but open to further QE.
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