Macro Indicators News Stream
The US, China and India will be publishing inflation updates for April in the coming week, while first-quarter GDP releases from the UK, Malaysia, and the Philippines and factory production numbers from the US, Eurozone and India will also be keenly watched. Other important data to follow include US retail sales and consumer confidence, Japan current account and Australia business morale. The ECB will be publishing its monetary policy meeting minutes, while central banks in Mexico and the Philippines will be deciding on interest rates.
May 7, 2021 20:04 (GMT)
China Trade Surplus Larger than Expected
China's trade surplus narrowed to USD 42.85 billion in April 2021 from USD 45 billion in the same month the previous year, but far above market expectations of USD 28.1 billion, amid an improving global demand and higher commodity prices.
May 7, 2021 03:22 (GMT)
All eyes turn to the US jobs report due Friday, which will probably point to an acceleration in the labor market recovery. Elsewhere, UK local elections are being held on Thursday; while the earnings season continues, with Pfizer and General Motors due to report their quarterly results. Worldwide PMI surveys will be in the spotlight, as well as monetary policy action by central banks in the UK, Australia, Thailand, Norway, Brazil, Malaysia and Turkey. Other releases include trade figures for the US and Canada, key factory data for the US, Brazil, France and Germany, and GDP updates for Hong Kong and Indonesia.
May 1, 2021 13:26 (GMT)
US Q1 GDP Growth Beats Forecasts
The US economy grew by an annualized 6.4 percent in the first quarter, following a 4.3 percent expansion in the previous three-month period and slightly beating market expectations of 6.1 percent, the advance estimate showed. Activity and demand consolidated their recovery from last year's steep contraction, helped by reopening efforts amid an acceleration in the pace of COVID-19 vaccinations and continued government response related to the pandemic. Increases in personal consumption expenditures (PCE), nonresidential fixed investment, federal government spending, residential fixed investment, and state and local government spending were partly offset by decreases in private inventory investment and exports.
Apr 29, 2021 13:00 (GMT)
The earnings season enters its busiest phase in the coming week, with Apple, Facebook, Microsoft, Alphabet and Amazon reporting quarterly results; while central banks in the US and Japan will be deciding on monetary policy. On the economic data front, the US is releasing the first estimate of Q1 GDP, alongside durable goods orders, and personal income and outlays. Other GDP updates to follow include those from the Eurozone, Sweden, Mexico and South Korea. Elsewhere, the bloc's business survey and inflation will be keenly watched, as well as Japan retail sales, industrial production, China NBS PMI survey, and Australia Q1 inflation data.
Apr 23, 2021 18:46 (GMT)
The first-quarter earnings season continues next week, with companies such as IBM, Netflix, Intel, Johnson & Johnson and P&G reporting their results. Elsewhere, flash PMI surveys for the US, UK, Eurozone, Japan and Australia will be keenly watched, while central banks in the Euro Area, China, Indonesia, Canada and Russia will be deciding on monetary policy. Other key data to follow include: US existing and new home sales; UK inflation data and unemployment rate; Eurozone consumer confidence; Japan trade balance and inflation; and Australia retail sales.
Apr 16, 2021 17:06 (GMT)
China Trade Surplus Smaller than Estimated
China's trade surplus narrowed to USD 13.8 billion in March 2021, from USD 20.0 billion in the same month of the previous year and far below market expectations of USD 52.05 billion, amid an improving global demand and higher commodity prices.
Apr 13, 2021 03:46 (GMT)
First-quarter earnings season gets underway next week, with updates expected from major banks such as JPMorgan Chase, Citigroup and Wells Fargo. On the economic data front, important releases to follow include US and Eurozone retail sales and industrial production figures; UK monthly GDP; China Q1 GDP and trade balance; Australia employment data, business and consumer morale; and India inflation and industrial output. Central bank meetings will be held in South Korea, New Zealand, Singapore and Turkey.
Apr 9, 2021 16:56 (GMT)
Minutes from the last FOMC meeting, global services PMIs, China inflation and RBA and RBI monetary policy decisions will be in the spotlight next week. Investors will also turn their attention to any negotiations between Democrats and Republicans over President Joe Biden’s $2 trillion infrastructure plan and to coronavirus figures, specially in Europe where infections are rising and countries are tightening restrictions. Markets in China, Germany, the UK and Australia will be closed on Monday for holidays.
Apr 2, 2021 15:53 (GMT)
All eyes turn to the US employment report next week, which will probably add to signs of a gradual job recovery, as well as worldwide manufacturing PMI surveys and an OPEC+ meeting that is expected to offer guidance into the coalition's production plan from May. Elsewhere, key data to watch for include US construction spending; UK and Russia Q4 GDP updates; Eurozone inflation and business morale; Japan's tankan survey, industrial production and retail sales; Australia, India and Turkey foreign trade figures.
Mar 26, 2021 22:23 (GMT)