- In one line: Japan's regular pay growth quickened to 30-year high
Kelvin Lam (Senior China+ Economist)China+
- In one line: A mixed performance on a sequential basis, but downside risk
prevailing.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: A mild cyclical upswing is now underway.
Claus Vistesen (Chief Eurozone Economist)Eurozone
- In one line: Cautious consumers keep private car sales falling.
Rob Wood (Chief UK Economist)UK
In one line: Japan's regular pay growth quickened to 30-year high
Kelvin Lam (Senior China+ Economist)China+
- In one line: Vehicle sales fail to offset retail weakness in Singapore.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
- In one line: Goods inflation U-turns, while services inflation remains sticky.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
In one line: Decent, and it will get better still.
Claus Vistesen (Chief Eurozone Economist)Eurozone
In one line: Focus on the upturn in core orders.
Claus Vistesen (Chief Eurozone Economist)Eurozone
- The ECB professes allegiance to data-dependency, but a September cut is now a bit more likely.
- We see two more 25bp cuts, in September and December, with risks tilted towards a third, in March.
- For the first time since hiking, the ECB seems confident that wage growth is, in fact, slowing.
Claus Vistesen (Chief Eurozone Economist)Eurozone
- We think GDP fell 0.2% month-to-month in April, as wet weather reduced consumer spending.
- We still expect 0.3% quarter-to-quarter growth in Q2, as retail sales should bounce back in May…
- ...Business surveys, moreover, suggest output growth remains robust.
Rob Wood (Chief UK Economist)UK
A solid headline number, but the labor market is a weak spot.
Oliver Allen (Senior US Economist)US
- In one line: Slowing inflation will make the MPC happy.
Rob Wood (Chief UK Economist)UK
ADP is too unreliable to take seriously, though it’s consistent with our payroll forecast.
Ian Shepherdson (Chief Economist, Chairman and Founder)US
- In one line: Cautious consumers keep private sales falling.
Rob Wood (Chief UK Economist)UK
In one line: A mild cyclical upswing is now underway.
Claus Vistesen (Chief Eurozone Economist)Global
In one line: A mild cyclical upswing is now underway.
Claus Vistesen (Chief Eurozone Economist)Eurozone
