British GDP: Friday, 6:00. The British economy plunged 5.8% in March, as the economy buckled under the weight of the Covid-19 pandemic. Still, this was better than the forecast of 7.9 percent. Analysts are projecting a staggering -18.0% reading in April. If the economy does hit a double-digit decline, we could see the pound reactRead more about 12 June 2020[…]

Australian MI Inflation Expectations: Thursday, 1:00. This Melbourne Inflation is closely watched, as inflation expectations can translate into actual inflation figures. The April gain of 3.4% was well off the 4.6% clip seen a month earlier. Inflation levels have been soft, and this could be reflected in a smaller gain in May compared to April.Read more about 11 June 2020[…]

Eurozone Revised GDP: Tuesday, 9:00. GDP declined by 3.8 percent in Q1, as the eurozone has buckled under the economic meltdown due to Covid-19. The third read is expected to confirm this figure. US Jolts Job Openings: Tuesday, 14:00. After surprisingly strong job numbers last week, investors will be hoping that the job openings indicatorRead more about 09 June 2020[…]

US Employment Report: Friday, 12:30. Investors are braced for another month of soft data. The economy is expected to shed another 8.0 million jobs, after last the previous reading which indicated the loss of some 20.5 million jobs. Wage growth is expected to slip to 1.0%, down from 3.0% a month earlier. As well, theRead more about 05 June 2020[…]

ECB Rate Decision: Thursday, 11:45. Policymakers are expected to maintain interest rates at a flat 0.00%. Investors will be keenly interested in the rate statement, given the severe economic conditions gripping the eurozone. US Unemployment Claims: Thursday, 12:30. Unemployment claims have been falling, but the numbers remain staggering. Last week, 2.1 million new claims wereRead more about 04 June 2020[…]

Eurozone PMIs: Friday, 7:15 in France, 7:30 in Germany, and 8:00 for the whole eurozone. The services sector has been in free-fall, with sharp contractions reported across the eurozone in April. The German PMI came in at 16.2, the eurozone release was 12.0, and the French reading stood at 10.2. The initial estimates for MayRead more about 22 May 2020[…]

UK Inflation Report: Wednesday, 6:00. Consumer inflation continues to fade, falling to 1.5% in March. This was down from 1.5% and was the weakest reading in four months. The core figure dropped from 1.7% to 1.6%. In April, the projection is 0.9% for the headline reading and 1.4% for core CPI. Eurozone Inflation: Wednesday, 9:00.Read more about 20 May 2020[…]

RBA Monetary Policy Meeting Minutes: Tuesday, 1:30. The RBA minutes will provide details of the policy meeting earlier this month. At that meeting, policymakers held the cash rate at 0.25 percent, noting the uncertainty over the outlook for the economy. UK Employment Report: Tuesday, 6:00. Despite the mass lockdown due to Corvid-19, the British laborRead more about 19 May 2020[…]

U.S. Unemployment Claims: Thursday, 12:30.  Jobless claims are running at over 30 million, as the U.S. labor market is in disarray. The indicator has been slowly falling, but last week’s reading of 3.1 million was brutal. Australian Jobs Report: Thursday, 1:30. Analysts are bracing for disastrous job numbers for April, as the lockdown has leftRead more about 14 May 2020[…]

British GDP: Wednesday, 4:30. The quarterly GDP reading for Q4 in 2019 slowed to 0.0%, down from 0.3% in the previous quarter. Analysts are braced for a contraction of 2.5% in Q1 of 2020. Monthly GDP showed that the economy contracted by 0.1% in February, and the estimate for March stands at a staggering -7.9%,Read more about 13 May 2020[…]