In one line: Was the rise in French private sector activity short-lived?
Melanie Debono (Senior Eurozone Economist)Global
In one line: Was the rise in French private sector activity short-lived?
Melanie Debono (Senior Eurozone Economist)Eurozone
In one line: Services leads the way while industry downturn is easing.
Melanie Debono (Senior Eurozone Economist)Global
In one line: Services leads the way while industry downturn is easing.
Melanie Debono (Senior Eurozone Economist)Eurozone
- In one line: Expect growth to struggle for the rest of Q2.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
In one line: Decent; services activity is firm, even as inflation pressures ease.
Claus Vistesen (Chief Eurozone Economist)Global
In one line: Decent; services activity is firm, even as inflation pressures ease.
Claus Vistesen (Chief Eurozone Economist)Eurozone
India’s lofty manufacturing PMI is becoming more well-rounded
India’s unreliable flash services PMI is still plateauing
Higher utilities inflation in Singapore offsets food disinflation in April
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: House prices jump in March, but further gains will be more challenging as markets reprice rate cuts.
Rob Wood (Chief UK Economist)UK
Sales likely to stagnate for the next few months, at best.
Oliver Allen (Senior US Economist)US
- In one line: June rate cut off the cards as services barely slows.
Rob Wood (Chief UK Economist)UK
- In one line: There isn't room for tax cuts but the Chancellor seems set on another fiscal event in the Autumn.
Rob Wood (Chief UK Economist)UK
- In one line: The calm after last month’s madness.
Miguel Chanco (Chief EM Asia Economist)Global
Japan's exports maintain steady growth, led by cars and chips
Duncan WrigleyChina+
In one line: Korea's 20-day exports hit hard by May’s fewer working days but underlying momentum was improving on a WDA basis.
Kelvin Lam (Senior China+ Economist)China+
In one line: Korea's 20-day exports hit hard by May’s fewer working days but underlying momentum was improving on a WDA basis.
Kelvin Lam (Senior China+ Economist)China+
- S&P's employment index has a poor long-term correlation with payrolls, but markets are paying attention now.
- Leading indicators leave us looking for an above-consensus 230K initial claims print today.
- "Various" FOMC members signalled willingness to hike in the minutes, but the data has moved on since then.
Ian Shepherdson (Chief Economist, Chairman and Founder)US
- Malaysian export growth rose sharply in April, but this was mostly down to favourable base effects…
- …With this support likely to wane in coming months, all eyes are on the recovery in electronics exports.
- BI stood pat yesterday, after April’s shock hike; the economy has yet to feel the full force of this cycle.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- Is the idea of a July rate cut sinking without a trace? Isabel Schnabel seems to think so.
- Today’s Q1 negotiated wage growth data are a wild card; one-offs in Germany are the main upside risk.
- We agree with Ms. Schnabel’s assessment that the natural rate has increased, at least temporarily.
Claus Vistesen (Chief Eurozone Economist)Eurozone
