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9 January 2023
415 KB
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- Bunds made losses as euro area unemployment numbers suggested ongoing resilience in the labour market, while German IP posted modest growth as energy-intensive output stabilised.
- Gilts underperformed as BoE Chief Economist Pill flagged his concerns about potential risks of persisting inflationary pressures.
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6 January 2023
627 KB
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- Euro area govvies followed USTs higher as euro area headline inflation fell to a four-month low, the Commission’s price expectations indices moderated and German factory orders plunged.
- Gilts also made large gains as the UK construction PMIs signalled the steepest contraction in the sector since May 2020.
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6 January 2023
200 KB
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- Employment: solid payroll growth; drop in unemployment rate
- Growth of average earnings slows from brisk underlying average
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6 January 2023
220 KB
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- ISM services: signaling contraction; led by a plunge in new orders
- Factory orders: softness in manufacturing
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6 January 2023
394 KB
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- The U.S. labour market: hints of softening, but still tight
- The U.S. economy: on track (for now)
- Doubts regarding a 2023 Fed pivot
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5 January 2023
499 KB
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- Euro area govvies followed USTs lower even as Italian consumer price inflation and euro area producer goods prices fell.
- Gilts also made losses as a BoE survey reported a rise in firms’ price and wage expectations.
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5 January 2023
156 KB
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- International trade: a “soft” narrowing in the monthly trade deficit; weak imports outweigh a decline in exports
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4 January 2023
485 KB
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- Euro area government bonds rallied as French inflation surprised on the downside and German import prices fell by a record amount.
- Gilts also made sizeable gains as UK mortgage approvals slumped and a survey suggested that shop price inflation edged lower.
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