The Dow Jones hit an all time high last week. Our focus this week though is on the UK and China.
As we hit the holiday season, this week we look at a slowing UK Gross Domestic Product and Japanese prices remaining subdued
This week we look at UK consumer prices and EU interest rates.
This week we focus on UK’s balance of payments and Chinese manufacturing.
This week we examine global business confidence and some US uncertainty.
Last week, the Office for National Statistics reported a 2.9 percent rise in the Consumer Price Index during May, up from 2.7 percent in April.
Last week brought news of some improvements in the UK’s trade position (falling £2.1 billion in April) and a very minor modification in European monetary policy. Oh, and a surprising election result!
Although our thoughts are with those affected by the awful events both in London & Manchester, our economic focus this week is on Chinese manufacturing and US jobs.
This week, we look at German business sentiment and US Federal Reserve minutes.
The popular measure of inflation – the consumer price index – rose 2.7 percent year on year in April, up from 2.3 percent in March.