June 20, 2022
UK monetary policy (All)
The world’s monetary authorities are confronted with challenging trade-offs: high inflationary pressures and weakening demand. Their methods change depending on whether most inflationary pressures come from outside the country or within it.
June 21, 2022
Core Retail Sales m/m (CAD)
April sales rose 0.9% to $60.7 billion. Six of eleven subsectors, or 43.3% of retail sales, grew, headed by general merchandise shops (+4.2%). Excluding gas stations and auto-parts outlets, fundamental retail sales rose 1%.
Monetary Policy Meeting Minutes (Australia)
Members started discussing overseas concerns by noting rising prices in April and May and uncertain global growth. Many central banks and economists project headline inflation will peak and surpass objectives until next year.
Jun 22, 2022
Consumer Price Inflation (GBP)
CPIH climbed 7.9% from April to May 2022, up from 7.8% in April. Housing and household services (2.79 percent) and transportation (1.50 percent) contributed the most to May 2022 CPIH inflation.
Consumer Price Index (Canada)
Inflation in Canada jumped 7.7% year over year in May. This was the greatest annual rise since January 1983. The CPI grew 6.3% year over year in May, after rising 5.8% in April.
Jun 23, 2022
US economy slows sharply in June (USD)
The Latest ‘flash’ PMI™ data from S&P Global signaled the weakest upturn in US private sector output since January’s Omicron-induced slowdown in June.
German Flash Services PMI (EUR)
Latest ‘flash’ PMI® data from S&P Global showed a sharp loss of momentum in the German economy at the end of the second quarter.
Jun 24, 2022
UOM Consumer Sentiment (USD)
In June’s final reading, the University of Michigan’s Consumer Sentiment Index fell to 50 from 50.2. The lowest print ever. The Current Conditions Index declined to 53.8 in June from 63.3 in May, while the Consumer Expectations Index fell to 47.5 from 55.2.
AUD And NZD Have Turned Down Sharply (All)
AUD/USD, NZD/USD, EUR/USD, and cable fall. Higher USD/CAD. As USD/JPY falls near 134.50, yen crosses are impacted. On Sunday evening, US market index futures were weak. On Friday, US trade was positive, but the optimism was fading.
Upcoming Events
June 27, 2022
G7 Meetings (All)
June 28, 2022
CB Consumer Confidence (USD)
June 29, 2022
ECB President Lagarde Speaks (Eur)
German Prelim CPI m/m (EUR)
June 30, 2022
Core PCE Price Index m/m (USD)
July 01, 2022
ISM Manufacturing PMI (USD)
