On talks, Moscow says that Kyiv is showing a total lack of will to continue them. Well, with both sides not able to reconcile their differences then ...read more

Posted on: Wed, May 18, 2022 9:47 AM

Core CPI +3.5% vs +3.5% y/y prelimA slightly lower revision but still a record high inflation reading for the euro area. That will reaffirm the more h ...read more

Posted on: Wed, May 18, 2022 8:57 AM

No let up in the 'zero covid' policy by China but the good news is that at least recent developments are showing an improvement in Shanghai. The fear ...read more

Posted on: Wed, May 18, 2022 8:41 AM

The Deutsche Bauindustrie (German Construction Industry) has dimmed its outlook for the sector as surging prices for building materials and energy are ...read more

Posted on: Wed, May 18, 2022 7:21 AM

While the early week moves were optimistic, they come off the back of a rather dour period for risk trades in general and a strong rally for the dolla ...read more

Posted on: Wed, May 18, 2022 7:14 AM

Eurostoxx +0.1%Germany DAX +0.1%France CAC 40 +0.2%UK FTSE +0.1%Spain IBEX +0.3%There isn't much in the gains above as the changes are relatively ligh ...read more

Posted on: Wed, May 18, 2022 7:04 AM

But says that North Korea is not likely to test a nuclear weapon this weekend while US president Biden visits Seoul. Adding that US military "strategi ...read more

Posted on: Wed, May 18, 2022 6:23 AM

He says that:“Today’s inflation numbers are driven by energy price cap rise in April, in turn driven by higher global energy prices. We cannot pro ...read more

Posted on: Wed, May 18, 2022 6:13 AM

German DAX futures +0.2%UK FTSE futures +0.2%There's not much in it to start the session as risk sentiment is rather more tentative for the time being ...read more

Posted on: Wed, May 18, 2022 6:04 AM

Prior +7.0% CPI +2.5% vs +2.6% m/m expected Prior +1.1% Core CPI +6.2% vs +6.2% y/y expected Prior +5.7% That's the hig ...read more

Posted on: Wed, May 18, 2022 5:57 AM

Major currencies are keeping little changed on the day as the dollar is keeping its losses so far this week in check. The aussie was dragged down earl ...read more

Posted on: Wed, May 18, 2022 5:25 AM

The supply will then become available to the winning bidders on 20 July or later, according to a statement by the Japanese industry ministry. Well, th ...read more

Posted on: Wed, May 18, 2022 4:49 AM

The dollar is keeping losses in check today but so far this week, we're seeing a bit of a breather in markets and that includes China. While there are ...read more

Posted on: Wed, May 18, 2022 4:15 AM

Some encouraging news coming out of Shanghai. Gradually emerging from its long lockdown. Shanghai Securities News reportthe Shanghai Municipal Finan ...read more

Posted on: Wed, May 18, 2022 3:29 AM

US Treasury Secretary Janet Yellen was speaking Tuesday at the Brussels Economic Forum  said the U.S. and Europe should seek to end their relia ...read more

Posted on: Wed, May 18, 2022 3:27 AM

European Central Bank meeting today, Wednesday 18 May 2022 (not on monetary policy) More from Goldman Sachs on US recession talk China A ...read more

Posted on: Wed, May 18, 2022 2:52 AM

Goldman Sachs have been vocal on recession this week: Goldman Sachs' Blankfein says firms should be prepared for a recession. More on Goldman ...read more

Posted on: Wed, May 18, 2022 2:04 AM

China April house prices -0.2% m/mprior 0% and +0.7% y/yprior +1.5%The m/m fall is the first reported decline since December 2021. The y/y rsie is the ...read more

Posted on: Wed, May 18, 2022 1:36 AM

Data is here: Australian wages index for Q1 2022: 0.7% q/q (vs. expected 0.8%) The lower than expected wage rise in the January - March quarter ...read more

Posted on: Wed, May 18, 2022 1:29 AM

Australian Q1 Wage Price Index data 0.7% q/q expected 0.8% q/q, prior 0.7% 2.4% y/y expected 2.5% y/y, prior 2.3%Private sector +0.65% q/q and +2.4 ...read more

Posted on: Wed, May 18, 2022 1:27 AM

Japan economy minister Yamagiwa comments after the economic growth data for Q1 earlier:Japan GDP preliminary for Q1 2022: -0.2% q/q (vs. expected -0.4 ...read more

Posted on: Wed, May 18, 2022 12:31 AM

Summary from WPAC:The six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic a ...read more

Posted on: Wed, May 18, 2022 12:30 AM

Japan GDP preliminary for Q1 2022 GDP sa -0.2% q/q expected -0.4%, prior +1.1% GDP annualised sa -1.0% y/y expected -1.8%, prior +4.6% G ...read more

Posted on: Tue, May 17, 2022 11:47 PM

The Reuters Tankan monthly poll is intended to track the quarterly Bank of Japan tankan survey. The results for May 2022 have been published. M ...read more

Posted on: Tue, May 17, 2022 10:59 PM

Reuters have the report:The European Commission will on Wednesday unveil a 210 billion euro plan for how Europe can end its reliance on Russian fossil ...read more

Posted on: Tue, May 17, 2022 10:58 PM