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...
Three major central banks (Fed, ECB and BOJ) will hold their meetings during the week and we will have preliminary Q1 GDP readings from US and EU. USD Sales of existing homes in March dropped almost 10% to 5.27m from 5.76 the previous month while...
Preliminary April PMI data will give us an insight into the devastative effects of pandemic on economies while investors will be looking for a continuation of slowdown in initial jobless claims. USD Retail sales for the month of March came in...
The world continues to be dominated by the coronavirus related news and it will continue in this post-Easter week with special attention paid to data from China, the country where it all originated, and where life first started to go back to normal. ...
News relating to the virus and government actions will continue to dominate the markets with employment data from Canada being a potential market mover. USD ISM March manufacturing PMI came in at 49.1 vs 45 as expected. The main drop was seen...
Government actions and news events will dominate the week along with resurgence in importance of employment data from US. USD Fed has announced that it will keep purchases of MBS and Treasuries in the amounts needed. They will purchase $75bn of...
We expect lockdowns to engulf more and more countries making economic data secondary to the fiscal and monetary measures, preliminary PMI data will be among the first to show direness of the situation. USD At the emergency meeting held over the...
