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Macro Indicators News Stream

Week Ahead
The US is releasing the second estimate of Q1 GDP in the coming week, alongside durable goods orders, personal income and outlays, and PCE price index. Other GDP updates will be keenly watched, including for India, Turkey, Brazil and Canada. Elsewhere, all eyes turn to the Eurozone business survey and inflation rate, Germany retail sales, China industrial profits, and Japan consumer confidence, industrial production and retail trade. Meanwhile, the Bank of Korea will probably cut interest rates when it meets on Thursday.
May 22, 2020 22:36 (GMT)
Week Ahead
Minutes from the Federal Reserve, ECB and RBA will be in the spotlight next week, while central banks in China, Turkey, Indonesia, Thailand and South Africa will be deciding on interest rates. On the economic data front, flash PMI surveys for the US, UK, Eurozone, Japan and Australia will provide an insight into whether these economies recovered from April's historical contractions as several countries emerged from coronavirus-related lockdowns. Other figures to follow include US housing data; UK jobs report, inflation and retail trade data; Eurozone consumer morale; Japan Q1 GDP, inflation and trade balance.
May 15, 2020 22:48 (GMT)
Week Ahead
Investors will continue to monitor the impact of COVID-19 on the global economy, with focus turning to US and China retail trade, industrial output and inflation data; UK, Germany and Netherlands first-quarter GDP figures; Eurozone industrial production; Australia employment figures, business and consumer morale; and India inflation and industrial activity. Central banks in New Zealand and Mexico will be deciding on monetary policy.
May 10, 2020 09:30 (GMT)
China April Trade Surplus Larger than Forecast
China's trade surplus widened to USD 45.34 billion in April 2020 from USD 13.02 billion in the same month the previous year and far above market expectations of a USD 9.7 billion surplus. Exports unexpectedly rose for the first time in four months while imports posted the biggest drop in over four years amid the coronavirus outbreak.
May 8, 2020 18:04 (GMT)
Week Ahead
The US earnings season continues next week with over 1,300 companies reporting first-quarter results. On the economic data front, US non-farm payrolls are seen falling by 21 million in April and the jobless rate will likely jump to its highest since 1939 as the coronavirus pandemic hit the economy. Elsewhere, central bank policy meetings in the UK, Australia and Brazil will be in the spotlight as well as worldwide manufacturing and services PMIs. Other releases include trade figures for the US and China and GDP data for Hong Kong, Indonesia and the Philippines.
May 2, 2020 11:12 (GMT)
US GDP Contracts Most Since Great Recession
The US economy shrank by an annualized 4.8 percent in the first quarter of 2020, ending the longest period of expansion in the country's history, an advance estimate showed. It was the steepest pace of contraction in GDP since the last quarter of 2008, much worse than market consensus of a 4.0 percent slump, as the Covid-19 pandemic forced several states to impose lockdown measures in mid-March, throwing millions of people out of work.
Apr 29, 2020 15:42 (GMT)
Week Ahead
The US earnings season continues next week, with companies such as Alphabet, Microsoft, Apple, Amazon and Facebook reporting their first-quarter results and updating guidance on full-year expectations amid the coronavirus pandemic. Meanwhile, central bank policy meetings in the US, Eurozone and Japan will be keenly watched as well as GDP data for the US and Eurozone and PMI survey for China. Other key economic data include US personal income and outlays, ISM Manufacturing PMI and construction spending; Eurozone business survey and inflation; Japan consumer confidence and industrial output; and Australia inflation data.
Apr 25, 2020 10:31 (GMT)
Week Ahead
The coronavirus will continue to dominate the headlines as well as the first-quarter earnings season, with nearly 500 US companies reporting their results and updating guidance on full-year expectations. Elsewhere, flash PMI surveys for the US, UK, Eurozone, Japan and Australia will be keenly watched, while central banks in China, Russia and Turkey are seen cutting interest rates to help mitigate the negative impact of the pandemic on their economies. Other key data to follow include: US durable goods orders, existing and new home sales; UK inflation, retail trade and business optimism; Eurozone consumer morale; Japan trade balance and inflation; and South Korea Q1 GDP figures.
Apr 18, 2020 12:10 (GMT)
China March Trade Surplus Beat Estimates
China's trade surplus decreased sharply to USD 19.9 billion in March 2020 from USD 31.5 billion in the same month of the previous year. Still, the latest reading was above market expectations of a surplus of USD 18.55 billion and a reversal from January-February's deficit of USD 7.1 billion, with more factories restarting their production on the back of government measures to control the COVID-19 outbreak.
Apr 14, 2020 08:25 (GMT)
Week Ahead
Investors will continue to assess the impact of the rapid spread of Covid-19 on the global economy, while the FOMC meeting minutes will also dominate the news. In addition, major oil producers are expected to agree on a crude output cut on Monday, to stabilize the market, and European finance ministers are set to unveil a coordinated fiscal response to the coronavirus crisis. Elsewhere, the RBA and the BoK will be deciding on interest rates. Other important releases include the US inflation rate and Michigan consumer sentiment; UK monthly GDP and trade balance; Germany factory orders; China consumer and producer prices; Japan machinery orders, household spending and consumer morale; and Australia foreign trade.
Apr 4, 2020 13:33 (GMT)

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