In rather quiet week ahead of us ISM Non-Manufacturing PMI, RBA rate decision and employment data from Canada will be on the docket. USD ISM manufacturing PMI came in at 52.6 vs 49.8 as expected and up from 43.1 the previous month for a highest...
NFP, PMI data from China as well as preliminary June inflation from EU will headline the week. Please note that due to the Independence Day holiday US markets will be closed on Friday, causing lower liquidity and increased volatility, thus NFP data will...
This week we will have RBNZ meeting, PCE and personal spending data from US as well as preliminary June PMI data from EU, GBP and Japan. USD Retail sales in May rebounded more than double than expected coming in at 17.7% m/m vs 8.6% m/m as expected....
This week we will have BOE, BOJ and SNB meetings coupled with employment data from UK and Australia as well as consumption data from US, UK and Canada. USD Fed has kept rates at the current bound of 0-0.25% as widely expected and did not talk...
Fed’s meeting with their assessment of latest NFP report and economic projections will be the highlight of the upcoming week. USD ISM manufacturing PMI for the month of May came in at 43.1 vs 41.5 the previous month. Improvements were seen in a...
Employment data from North America, ECB, BOC as well as RBA meetings and PMI data from China are set to capture the most attention in the week to come. USD Second estimate of Q1 GDP came in at -5% vs down from -4.8% that preliminary reading showed....
Inflation data from US and EU along with second estimate of Q1 US GDP and initial reading of Canadian Q1 GDP will be the highlights of the shortened week since Monday is holiday in US and UK and liquidity will be thin in the markets, therefore we advise...
Preliminary PMI data from the EU and UK along with news regarding easing of restrictions will draw the most interest in the week ahead. USD CPI for the month of April came in at 0.3% y/y for the lowest reading since October 2015. Food inflation...
Consumption and inflation data from US, Q1 GDP from US and employment data from Australia will plunge global economies further down the black hole of bad data. USD March factory orders came in at -10.3% m/m for the lowest reading since the series...
Employment data from US, Canada and New Zealand coupled with RBA and BOE interest decisions will be the highlights of the economic week. USD Q1 GDP data release caused stir in the markets. First the publication was delayed, then it printed positive...
