Pantheon Macroeconomics - •	U.S.	-	Robust July payrolls, but the data will be worse in August and September 
•	EUROZONE	- What can investor sentiment tell us about the economy?  
•	U.K.	-	The data will force the MPC to pivot towards more QE in Q4 
•	ASIA	-	 The Asian economics team is on vacation   
•	LATAM	-	Brazilian rates are on hold, for a long time

Global | 12 August 2020 Global Monitor We take no comfort in the U.K. employment data
• U.S. - Robust July payrolls, but the data will be worse in August and September • EUROZONE - What can investor sentiment tell us about the economy? • U.K. - The data will force the MPC to pivot towards more QE in Q4 • ASIA - The Asian economics team is on vacation • LATAM - Brazilian rates are on hold, for a long time

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12 August 2020 Global Monitor We take no comfort in the U.K. employment data

By Ian Shepherdson

• U.S. - Robust July payrolls, but the data will be worse in August and September • EUROZONE - What can investor sentiment tell us about the economy? • U.K. - The data will force the MPC to pivot towards more QE in Q4 • ASIA - The Asian economics team is on vacation • LATAM - Brazilian rates are on hold, for a long time

Posted: 12th Aug 2020 in 'Global'

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