RBA rate decision followed by FOMC minutes and Canadian employment data will highlight the week from an economic standpoint with markets facing an impact from Brexit and virus-related news. USD Final Q2 GDP came in at -31.4% vs -31.7% as reported...
Fed, BOE and BOJ rate decisions accompanied by consumption data from the US and China will be the key economic events while election of Japan’s new prime minister and continuation of Brexit negotiations will dominate the political landscape. USD Headline C...
ECB and BOC meeting along with continuation of Brexit talks will highlight the upcoming week. USD ISM manufacturing PMI for the month of August set new highs coming in at 56 vs 54.8 as expected. The reading is the highest in almost two years and...
Employment data from US and Canada followed by PMI data from China and RBA rate decision will highlight the upcoming week as we start to wake up from the summer lull. USD Consumer confidence in August declined for the second straight month. It...
Second estimate of US Q2 GDP along with Canadian and Swiss Q2 GDP readings on top of PCE inflation may bring some movements in the Summer lull. USD Housing starts in July came in at 1496k for a 22.6% m/m rise while building permits came in at...
Preliminary Q2 GDP reading from Japan followed by preliminary August PMI numbers from EU, UK and Japan will highlight the relatively quiet week ahead of us. USD Headline inflation in July rose to 1% y/y from 0.6% y/y the previous month. Core inflation...
RBNZ meeting, consumption data from US, preliminary Q2 GDP from UK and second Q2 GDP estimate from EU will highlight the week. USD ISM manufacturing PMI in July surprised to the upside and came in at 54.2 vs 52.6 the previous month. New orders...
BOE and RBA meetings along with NFP will highlight the upcoming week. USD Fed has left the interest rate unchanged at the 0-0.25% range as expected with a unanimous vote. The Path of the economic recovery will largely depend on the virus. They...
FOMC meeting followed by preliminary Q2 GDP readings, historic lows expected, from US and EU as well as official China PMI data will be highlights of the week. USD Existing home sales came in at 4.72m in June for a record breaking 20.7% m/m rise...
Preliminary July PMI data from Europe, UK and Japan as well as consumption data from UK and Canada will be eyed in an otherwise uneventful week. USD June CPI improved to 0.6% y/y as expected from 0.1% y/y in May on the back of rising gasoline and food...