The week ahead: Central Banks, UK and EZ key data, antopodeans in focus

The week ahead has a hand full of Cental Banks meeting and some key data releases while markets get back to economies while keeping an eye on politics. Central Banks In respect to banks, we have the Fed, but the Bank of England, Bank of Japan and the Swiss National Bank are also meeting. It coul ...

Japan Domestic Corporate Goods Price Index (YoY) came in at 2.1%, below expectations (2.2%) in May

Japan Domestic Corporate Goods Price Index (MoM) registered at 0%, below expectations (0.1%) in May

Japan Machinery Orders (YoY) registered at 2.7%, below expectations (6.3%) in April

Japan Machinery Orders (MoM) fell from previous 1.4% to -3.1% in April

Japan’s Core Machinery Orders -3.1% vs. 0.5% forecast

Japan’s core machinery orders fell more-than-expected last month, official data showed on Sunday.In a report, Economic and Social Research Institute said that Japan’s Core Machinery Orders fell to -3.1%, from 1.4% in the preceding month.Analysts had expected Japan’s Core Machinery Orders to fall to ...

Japan’s Corporate Goods Price Index 2.1% vs. 2.2% forecast

Japan’s corporate goods price index remained unchanged unexpectedly last month, official data showed on Sunday.In a report, Bank of Japan said that Japan’s Corporate Goods Price Index remained unchanged at a seasonally adjusted annual rate of 2.1%, from 2.1% in the preceding month.Analysts had ex ...

Brexit negotiating position has been weakened – ANZ

Analysts at ANZ explained that after taking comfort from the Dutch and French election results, markets were reminded that the anger and resentment vote is alive and well, with the UK election delivering the incumbents back into power, but in an unconvincing and very narrow fashion.  Ke ...

New Zealand Electronic Card Retail Sales (YoY) increased to 5.2% in May from previous 4.5%

Central Banks a non event this week for market sentiment? – ANZ

Analysts at ANZ noted the Central Banks meeting this week. Key Quotes: "This week we have the Fed who is expected to raise interest rates. The Bank of England, Bank of Japan and the Swiss National Bank also meet. " "It’s hard to see anything from any of them that’s goin ...

EUR/GBP: another chance to buy on a long squeeze in the pound? – Socgen

Kit Juckes, an economist at Societe Generale explained where we are to date with respect to the UK government in a disarray post last week's surprise outcome from the UK elections. Key Quotes: "In the U.K, the fall-out of the Prime Minister's catastrophic election campaign continue ...

The US week ahead: CPI, retail sales, FOMC – Nomura

Analysts at Nomura explained that the June FOMC statement release and post-meeting press conference are scheduled on 14 June in addition to key data releases—May CPI inflation and retail sales. Key Quotes: "At this point it would be very surprising if the FOMC does not raise its targe ...

GBP/USD: headed to 1.2445? – BBH

Analysts at Brown Brothers Harriman explained that the inability of the Tory Party to secure a parliamentary majority spurred a sharp decline in sterling. Key Quotes: It helped complete a topping pattern that we had been tracking. Sterling had recovered smartly since dipping below $1.20 i ...

Key takeaways: sterling anchored – Socgen

Kit Juckes, an economist at Societe Generale offered a snapshot of currency markets key takeaways.   Key Quotes: "The third big US dollar rally of the post-Bretton Woods era has stalled: At current levels, it's significantly overvalued, and a shift in the relative momentum o ...

12