Week Ahead Economic Preview: Week Of 7 September 2020

Week Ahead Economic Preview: Week Of 7 September 2020

Markit Group Limited  | Sep 04, 2020 07:34

After signs from the latest business surveys that the global recovery accelerated in August as economies continued to open up after COVID-19 lockdowns, confirmation of solid starts to the third quarter will be sought from industrial production numbers for the UK, Germany, Italy and Spain, as well as trade numbers for China, Taiwan, Germany and the UK. New estimates of GDP data for Japan, Russia and the eurozone are meanwhile expected to confirm second quarter woes.

In the US, inflation data are updated alongside labour market indicators in the form of jobless claims and job openings. There have been some signs of input cost inflation starting to pick up in the US PMI surveys, though policymakers have shifted their focus away from price stability towards sustaining the recovery, meaning it will be the labour market that likely holds most attention. The weekly jobless claims numbers in particular will be eyed for the ongoing impact of lockdowns, which were tightened on average across the US in August but are now easing again.

In terms of policy action, the latest ECB monetary policy decision will be eagerly awaited for clues as to the possibility of further stimulus later this year amid signs of falling prices and hints of a stumbling recovery as Italy and Spain tightened lockdowns. In the UK, July's GDP data will likely show the economy surging, though recent survey data have hinted that growth could fade after the initial rebound.

In Asia Pacific, the import and export data published for China and Taiwan will be in particular focus as recovery hopes for the region are dependent on trade flows picking up, having been curbed by pandemic supply chain disruptions and weak demand. China's inflation data, Japan's machinery orders and Indian industrial production are also notable releases. Malaysia central bank watchers meanwhile have mixed views on whether further stimulus will be announced at the forthcoming monthly meeting.

"Disclaimer: The intellectual property rights to these data provided herein are owned by or licensed to Markit Economics Limited. Any unauthorised use, including but not limited to copying, distributing, transmitting or otherwise of any data appearing is not permitted without Markit’s prior consent. Markit shall not have any liability, duty or obligation for or relating to the content or information (“data”) contained herein, any errors, inaccuracies, omissions or delays in the data, or for any actions taken in reliance thereon.

In no event shall Markit be liable for any special, incidental, or consequential damages, arising out of the use of the data. Purchasing Managers' Index™ and PMI™ are either registered trademarks of Markit Economics Limited or licensed to Markit Economics Limited. Markit is a registered trade mark of Markit Group Limited."

Original Post

Markit Group Limited

Related Articles

Latest comments

Add a Comment
Please wait a minute before you try to comment again.
Discussion
Write a reply...
Please wait a minute before you try to comment again.

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

English (USA) English (India) English (Canada) English (Australia) English (South Africa) English (Philippines) English (Nigeria) Deutsch Español (España) Español (México) Français Italiano Nederlands Português (Portugal) Polski Português (Brasil) Русский Türkçe ‏العربية‏ Ελληνικά Svenska Suomi עברית 日本語 한국어 简体中文 繁體中文 Bahasa Indonesia Bahasa Melayu ไทย Tiếng Việt हिंदी
Sign out
Are you sure you want to sign out?
NoYes
CancelYes
Saving Changes

+

Download the Investing.com App

Get free real time quotes, charts and alerts on stocks, indices, currencies, commodities and bonds. Get free top of the line technical analysis/predictors.

Investing.com is better on the App!

More content, faster quotes and charts, and a smoother experience is available only on the App.

';