Eurozone

Week Ahead – Busy week for Japan, Eurozone and US data; China PMI and RBA also eyed

Posted on February 26, 2016 at 1:32 pm GMT

It will be a data-packed week for Japan, the Eurozone and the United States in the next seven days with Japanese industrial production, Eurozone flash inflation and US NFP report among the major releases. Also headlining will be the latest manufacturing surveys out of China and the Reserve Bank of Australia’s March policy meeting. Japanese data will start the week on Monday with the release of industrial production and retail sales numbers for January. Industrial production is forecast to rebound [..]

Eurozone PMI slows to 13-month low; increases odds of ECB easing in March

Posted on February 22, 2016 at 11:31 am GMT

Activity in the 19-member Eurozone slowed to the lowest level since January 2015 in February. The flash reading of the Markit composite PMI fell to 52.7 in February from 53.6 the prior month, far below expectations of 53.3. The figure extends the weak start to the year, with output slowing for a second straight month. The flash manufacturing PMI fell to a one-year low of 51.0 from 52.3 the prior month, falling short of expectations of 52.0. Services activity also [..]

Week Ahead – Eurozone and US data to dominate quiet week

Posted on February 19, 2016 at 1:24 pm GMT

Eurozone and US data will dominate the coming week as other nations enjoy a lighter calendar for economic releases for the next seven days. Japanese inflation and the G20 summit in China at the end of the week will also be eyed. Starting the week on Monday will be the flash PMI readings for the Eurozone for February. Manufacturing PMI for the Eurozone is expected to show activity slowing for a second straight month, coming in at 52.0 in February [..]

Week Ahead – Spotlight on Japan GDP, China trade and US, UK inflation

Posted on February 12, 2016 at 12:59 pm GMT

Data out of Japan and China will be watched closely next week as investors will be anxious to see how well Asia’s two largest economies are riding the latest economic storm. The UK will also be in focus with the release of three key indicators, while inflation data and FOMC minutes out of the US will keep dollar traders busy. With US and Canadian markets closed on Monday for a national holiday, Japanese data will dominate the day with the [..]

Week Ahead – Eurozone GDP and Yellen testimony to be main market drivers

Posted on February 5, 2016 at 12:36 pm GMT

It will be a relatively quiet week for the economic calendar in the next 7 days as many Asian markets will be closed for the Lunar New Year, including China. The Eurozone will see a number of key data releases that will include the first GDP readings for the fourth quarter of 2015. In the US, attention is likely to focus on Janet Yellen’s semi-annual testimony to Congress. German industrial production data will start the week on Monday, which will [..]

Week Ahead – RBA, Bank of England, US NFP and Chinese PMI on traders’ watchlist

Posted on January 29, 2016 at 3:44 pm GMT

The central banks theme will continue into next week as the Reserve Bank of Australia and the Bank of England meet. The closely watched manufacturing PMIs in China should give a fresh insight into the state of China’s struggling manufacturing sector. The all-important non-farm payrolls in the US will round up the week. Starting off the week on Monday are the January manufacturing PMI readings for China. The official manufacturing PMI is expected to show a marginal decline to 49.6 [..]

Week Ahead – Central banks in focus again as Fed, BoJ and RBNZ meet; GDP data to be watched

Posted on January 22, 2016 at 12:32 pm GMT

The continued fall in oil prices has raised expectations of policy easing by the Reserve Bank of New Zealand and the Bank of Japan as they meet next week. But they may decide to stand pat for now like the Fed is expected to when it also holds its policy meeting. On the data front, GDP releases for the US and UK for the fourth quarter of 2015 will be watched closely. Starting the week with Japan, which will see [..]

Week Ahead – Busy week for China, Eurozone and UK data; ECB and Bank of Canada meetings also eyed

Posted on January 15, 2016 at 11:43 am GMT

Economic data will be getting into full swing next week with a number of key releases for China, the United States, the Eurozone and Britain. Central banks will also be in focus as the ECB meets for the first time since December when it underwhelmed markets with its policy decision, while the Bank of Canada could cut interest rates for the first time since July 2015. The week will initially get off to a quiet start as US markets will [..]

Eurozone unemployment ticks down in November, sentiment improves in December

Posted on January 7, 2016 at 11:10 am GMT

The Eurozone economic sentiment survey results for December and unemployment figures and retail sales for November were released on Thursday. Soon after these reports, the euro was little changed against its major counterparts but held gains near the highs of the session. Earlier, German retail sales data were released, showing a rise of 0.2% month-over-month in November from a 0.1% decline the prior month. Eurozone economic and business confidence readings were higher than expected in December. The Eurozone unemployment rate [..]

Eurozone December inflation misses estimates, hurts euro

Posted on January 5, 2016 at 12:38 pm GMT

The announcement today of flash inflation for the Eurozone at 0.2% was lower than expectations that inflation would climb slightly to 0.3%. The reading stayed the same as the previous month’s 0.2% reading. The other key measure that is closely watched by the markets was core inflation, which excludes food and energy. Core inflation came in at 0.8%, against expectations it would stay at 0.9% – the same as the previous month’s rate. It was the second consecutive month that [..]

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