Tag: Expected

All 3 Japan inflation indicators rose in October, higher than expected. JPY little changed

The inflation data is here:Japan data - Tokyo area headline inflation 3.5% (expected 3.1%)In addition to higher than expected inflation indications, unemployment also rose:With the Bank of Japan statement due soon (expect it...

US weekly EIA oil inventories +2588K vs +1029K expected

Prior was -1725KGasoline -1478K vs -805K expectedDistillates +170K vs -1138K expectedRefinery utilization -0.6% vs +0.3% expectedSPR draw of 3.4m vs -3.4m expectedImplied oil demand 20.587m vs 20.761m priorGasoline implied demand +252k bpdAPI data...

Australia’s CPI comes in hotter than expected – in NZ inflation pressure remains ‘intense’

We had data from New Zealand earlier showing:And we have also had official CPI data from Australia, showing much higher than expected headline and core inflation:The Australian inflation rate has hit its highest...

US August CaseShiller 20-city house price index +13.1% vs +14.4% y/y expected

Prior was +16.1% (revised to +16.0%)m/m 20-city index -1.3% vs -0.5% expectedLargest one-month drop since March 2020FHFA data:Prices +11.9% y/y vs +13.9% priorPrices m/m -0.7% vs -0.6% priorThe housing market is certainly cooling...

UK October CBI trends total orders -4 vs -12 expected

The net order book balance among UK manufacturers fell by less than expected with expectations of price rises in the next three months also seen falling from +59 in September to +46 this...

UK October flash services PMI 47.5 vs 49.0 expected

Prior 50.0Manufacturing PMI 45.8 vs 48.0 expectedPrior 48.4Composite PMI 47.2 vs 48.1 expectedPrior 49.1The economic downturn in the UK continues to intensify with the services sector recording its sharpest decline in activity since...

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