Construction PMI 57.2 vs 53.3 expected and 53.6 prior.Key findings:Output growth led by steepest rise in civil engineering activity since June 2021.New orders grow at strongest pace for two-and-a- half years.Cost pressures intensify in September.Comment:Tim Moore,...
BoE’s Pill: Wage and services price inflation remain a key concern
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Key vote on EU tariffs for Chinese EVs sparks trade contention
EU governments face pivotal vote on Chinese EV tariffsFull Story on PiQ SuiteEuropean Union members face a pivotal vote on Friday on whether to impose tariffs of up to 45% on imports of Chinese-made electric vehicles in the bloc's highest profile trade case, which...
BoE’s Pill says need for caution points to a gradual withdrawal of policy restriction
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Sweden to abstain on EU tariffs for Chinese EVs seeks special deal for Volvo
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ECB’s Centeno: Inflation is controlled
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Eurozone September construction PMI 42.1 vs 41.4 prior
Construction PMI 42.1 vs 41.4 prior.Key findings:Construction activity falls across all monitored countries and sectors. Employment and purchases scaled back further.Expectations regarding outlook remain severely downbeat.Comment:Commenting on the PMI data, Dr Tariq...
Germany September construction PMI 41.7 vs 38.9 prior
Construction PMI 41.7 vs 38.9 prior.Key findings:Further sharp, albeit slower, fall in total industry activity. Rate of job shedding quickens. Input costs continue to fall.Comment:Commenting on the PMI data, Dr. Cyrus de la Rubia, Chief Economist at Hamburg Commercial...
What is the distribution of forecasts for the US NFP?
Why it's important?In the Asian session, Eamonn published the range of estimates for today's US NFP report. These ranges are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another...
Spanish Industrial Production (YoY) (Aug) Actual: -0.1% Expected: 0.1% Previous: -0.4%
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French industrial production beats expectations in August
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The @Newsquawk Europe Market Open: APAC stocks Mixed Ahead of NFP, Dock Workers End Strike
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Morning Blast with @PiQSuite and @MrMBrown
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Switzerland Unemployment Rate (Sep): Actual: 2.5% Expected: 2.4% Previous: 2.4%
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Boosting Wages to Combat Rising Costs: Japanese Government’s Economic Strategy
Full Story on PiQ SuiteJapanese Prime Minister Shigeru Ishiba formally instructed his ministers on Friday to compile a fresh economic package to cushion the blow to households from rising living costs, as the new government makes its top priority an exit from...
Japan PM prioritizes beating deflation; seeks ties with like-minded nations
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Potential strategies for Israel’s Response to Iran
Decent - and level-headed - read from Reuters on possible ways that Israel could strike back at Iran.Full Story on PiQ SuiteGO AFTER IRAN'S MILITARY INSTALLATIONSSome analysts believe Israel is most likely to respond by targeting Iranian military installations,...
New York Fed chief Williams speaking on jobs after the NFP on Firday
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ForexLive Asia-Pacific FX news wrap: Awaiting the US nonfarm payroll jobs report
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US non-farm payrolls data – the critical key ranges for estimates to watch
The September employment report is due from the US on Friday 4 October 2024 at 0830 US Eastern time, 1230 GMT.Taking a look at the range of expectations compared to the median consensus (the 'expected' in the screenshot above) for the key data points:Data results that...