This has got to be one of the wierdest summers - central bank rising rates across the board. strong dollar, weak economy, but good good to moderate employment. Either this is the calm before the storm or we're all looking through the "wrong seeing glass".
Week Ahead Economic Preview: Week of 08 August 2022
Q2 GDP updates will be due for the UK, Russia and Singapore in the coming week alongside a series of inflation data for the US, India, China, Germany, France and Italy. At the same time, India and the UK will release industrial production data while Thailand will hold a central bank meeting. Attention turns to the UK, Russia and Singapore where Q2 GDP figures will shed light on economic performance in the midst of geopolitical uncertainty and surging inflation. Last week saw the release of worldwide manufacturing, services and construction PMIs which pointed to a general slowdown in growth. For the UK, output rose at ... (full story)