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Week Ahead Economic Preview

Week Ahead Economic Preview

Next week’s data flow from the US, eurozone and Japan will be scrutinised to gauge how the respective economies are performing in the second quarter. Key statistics include US durable goods orders, home sales and consumer confidence, as well as inflation...

US Flash PMI points to weak end to second quarter

US Flash PMI points to weak end to second quarter

The US economy ended the second quarter on a softer note, with flash US PMI data showing a slight loss of momentum since May. While the survey data continue to signal that the economy grew in the second quarter, the data add to recent evidence which points...

Japan's manufacturers end second quarter on softer note

Japan's manufacturers end second quarter on softer note

Signs of slower growth appeared in Japan’s manufacturing sector in June, suggesting some waning of the upturn seen earlier in the year.
The flash reading of the Nikkei Manufacturing PMI came in at 52.0 in June, down from 53.1 in May and its...

Official data confirm pick-up in Taiwan export orders

Official data confirm pick-up in Taiwan export orders

Official data showed that Taiwan’s export order growth gained momentum in May, confounding analysts’ expectations of a slowdown. However, the pick-up in export sales had been signalled in advance by the Nikkei PMI survey.

Weak US PMI signals confirmed by official data

Weak US PMI signals confirmed by official data

Official data showed US manufacturing output missing expectations in May, adding to a flow of recent data that point to a renewed bout of industrial weakness.
PMI survey data not only accurately predicted the downturn in industrial growth, but...

Week ahead economic preview

Week ahead economic preview

Next week sees a number of Asia Pacific central banks deciding on monetary policy, while the flash June PMI surveys will provide all-important signals of second quarter growth and price trends for the US, eurozone and Japan.

Weak pay growth adds to doubts on UK economic outlook

Weak pay growth adds to doubts on UK economic outlook

News of slowing pay growth alongside rising inflation adds to growing worries about the UK’s economic outlook. Households are being squeezed by falling real pay at the same time that business uncertainty is likely to have escalated in the aftermath of the...