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Japan’s economy expanded in Q2, but weaker domestic demand left growth well short of expectations. GDP rose 0.3% q/q, or 1.1% annualized, compared with 2.1% annualized growth in Q1 and consensus for around 2.0%. Result Read more…
New Zealand’s services sector stayed in expansion in July, although momentum eased slightly. BNZ–BusinessNZ PSI slipped from 50.9 in June to 50.6 in July, marking a second consecutive month above 50 breakeven. Encouragingly, Activity/Sales improved Read more…
It was a relatively quiet week for markets during the middle of the summer trading period. U.S. inflation was the main focus, with CPI in line with expectations and PPI slightly below expectations. The softer Read more…