Economy
Asia Morning Bites - 19.04.2023
Rates Spark: Range trading within a declining channel
China’s better than expected GDP for 1Q23 surprises the market
This year’s Hungarian budget is manageable, but 2024 looks bleaker - 18.04.2023
Hungary’s bond issuance needs under control
Indonesia’s trade surplus narrows in March
The UK data that will make-or-break a May rate hike
Poland: CPI falls from its peak but core inflation continues to rise
German inflation: This seven-month low for the annual figure could suggest that inflation in the eurozone's largest economy has peaked
The report signaled that inflation continues to slow with consumer prices barely rising in March and gasoline prices dropping
Powell's preferred supercore measure still hovers around 4-6% range
Singapore’s central bank maintains policy settings as growth slows
Czech inflation moderates but there’s still risk from a tight labour market
Asia week ahead: Policy meetings from China and Indonesia
Another month of lacklustre industrial production data for Italy
Romanian inflation continues to soften
BITMarkets Analyst: I believe it’s the right call from the RBI to keep rates steady for the time being
China surprises with big export jump in March
Czech inflation likely moderated in March
Encouraging signs in US CPI, but Fed still set to hike in May
Hungarian inflation proves stickier than expected
Franklin Templeton Fixed Income talk Reserve Bank of Australia, RBNZ, Bank of Korea and People’s Bank of China
Franklin Templeton Fixed Income talk Norges Bank, Sveriges Riksbank, Swiss National Bank and Bank of Japan
This year’s Hungarian budget is manageable, but 2024 looks bleaker
Rates Spark: Reverse goldilocks for bonds
China’s very strong loan growth in March signals more investment
China: disappointing inflation data point to weakness in the economy
Japan is recovering, but what about the Yen?
Bank of Korea stands pat again amid slowing inflation
USA: Core inflation is forecast to hit 5.6%, noticeably less than a month before
Tight US jobs market favours 25bp Fed rate hike
National Bank of Poland press conference: No rate cuts in 2023
Belgium: Core inflation rises, but the peak is near
Hungarian retail sales fall off a cliff
Romanian retail sales confirm economic slowdown
Nonfarm Payrolls Preview: Markets fear depressing data, three scenarios for the US Dollar
What we expect from China’s first-quarter GDP report
Following the collapse of Silicon Valley Bank, where do the risks lie for small banks?
HFM Market Analyst: Polish interest rates could be cut in 2024 rather than the end of 2023 like the NBP stated
The RBNZ has a more intense inflation and labour market problem to counter than its Australian counterpart
Strong industrial data take away recession risk in Germany
Spain’s service sector goes from strength to strength
France: Industrial production rebounds but outlook remains sluggish
German industrial orders surged in February
Eurozone: Inflation is driven by skyrocketing food prices. This is not just a problem in the Eurozone and EU, but the whole world
The UK's economic output remains 0.6% below its late 2019 level, making it the only G7 nation yet to recover from the pandemic
China’s PMIs show growing risk from slowing external demand
South Korea: Exports decline on sluggish demand for semiconductor chips
Romanian National Bank preview: Keep the course, change the tone
Monitoring Hungary: Peaks and troughs
Watch: 3 things that have changed for rates markets
Italian inflation continues to fall as energy costs subside
Japan inflation: the decline in inflation is largely due to a reduction in the cost of utilities – by 0.3%
United Kingdom economy: Summary of Bank of England inflation letter
France: Inflation falls, but not by much, and consumption drops
Japanese recovery continues, but weakening labour data is a concern
German inflation drops but there’s no sign of broader downward trends
Spain: core inflation down for the first time in 23 months
Judging from bonds, central banks from both sides of the Atlatnic may cut rates
Never waste a good crisis – a profit-price spiral in Germany
China’s central bank pumps more liquidity into market
German consumer climate continues to recover
Market turmoil leaves credit in limbo
Experts: the current banking problems are not a repeat of the global financial crisis
Market turmoil: Making sure you don’t make a drama out of a crisis… yet
Eurozone PMI posts surprise jump in March
USA: PPI data is another confirmation that inflation remains on the right track
Sharp drop in Canadian inflation suggests rates have peaked
Rates Spark: Contained contagion risk puts hikes back on the table
Romania: Issuance leader in the region
Key events in developed markets next week - 17.03.2023
The payrolls bump was mostly witnessed in leisure, hospitality, retail trading, government and health care
Eurozone industrial production ticks up in January
US financial stability trumps near-term inflation
The UK Jobs Data Was Largely In Line With What Markets Were Expecting
Soft start to 2023 for Italian industrial production
Credit Suisse Group Management Will Not Receive Bonuses
UK Budget: Short-term positives to be met with medium-term caution
To Protect Customer Deposit, SVB UK Will Be Sold To HSBC, The Food Crisis Is Getting Worse
Assessing the Silicon Valley Bank fallout
Asia Morning Bites 13 March 2023
The Authorities Have Not Just Responded To The Idiosyncratic Risks Posed By SVB
Tech Executives Tried To Keep Companies Entangled In Collapse Of SVB Alive
Another Decline In Inflation In The US Is Expected
Oanda Podcast: US Jobs Report, SVB Financial Fallout And More
Week Ahead: The Australian Unemployment Rate, The ECB Is Widely Expected To Raise Interest Rates
The Difference Between The Sale Price And The Purchase Price - I.E. The Margin
Week Ahead: US CPI And ECB Decision Will Be In Focus
A 50bp Rate Hike Next Week In Eurozone Looks Like A Done Deal
Crude Prices Are Rallying After A Mixed Jobs Report Sent The Dollar Lower
Listen: Higher for longer
The Improvement In Economic Data Over The Last Month Has Been Robust And Broad-Based
Chinese EV and hybrid vehicle sales declined
Municipal Bond Fundamentals Will Remain Supportive Throughout 2023
The New BoJ Led By Ueda Is Likely To Continue Monetary Easing
Key events in developed markets and EMEA next week
What Is Income And Substitution Effect?
Strong US jobs, but market angst means the Fed is in the balance
India: Another solid year ahead for the economy
Financial Difficulties In US And European Banking Sector
