Downward revision to inflation forecasts reflect fall in oil prices Downward revision to inflation forecasts are minor Upward revision to growth forecasts are due to the government's stimulus package There will be a lag before growth helps to boost inflation
BOJ's Kuroda: The Japanese economy is expanding moderately as a trend Economy to continue the expansionary trend through the fiscal year 2021 Risks are skewed to the downside mainly due to overseas factors External risks are becoming small...
1. UK Unemployment Rate The UK Office for National Statistics will publish the monthly jobs report today and it will be watched more for what it says about wages than hiring. The UK Unemployment Rate is expected to stay at 3.8%. 2. German ZEW Economic...
IMF CUTS 2020 GLOBAL GROWTH FORECAST TO 3.3% VS 3.4% IN OCT.
The United States and China signed the first part of the trade agreement last Wednesday. The trade deal largely priced into markets. Trump said they are leaving tariffs on to allow more leverage in talks and all tariffs will come off when they finish the Phase2 deal. On the other hand,...
Actual: 6.800M Forecast: 7.233M Previous: 7.361M
Actual: -0.3% Forecast: -0.2% Previous: 0.8%
Says he expected 2% US growth this year Data show labor market doing incredibly well US economy looking 'pretty good'
Actual: 1.608M Forecast: 1.375M Previous: 1.375M
Actual: 1.416M Forecast: 1.468M Previous: 1.474M
US Housing Starts will be announced and it is a critical indicator of economic strength in the US. The market expects housing starts to ease to 1.375 mln from 1.365 mln. US Building Permits as another key indicator of demand in the housing market measure the change in the number of new...
China will continue to cut taxes on a large scale in 2020 To keep economic operation within a reasonable range China will continue to open up in education, technology and other sectors
French econ min Bruno Le Maire warns of EU retaliation if US impose digital tax sanctions.
Actual: 1.3% Forecast: 1.3% Previous: 1.3%
Actual: 0.9% Forecast: 2.5% Previous: 0.8%
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