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Monday, June 15, 2020

The Business News Week Ahead

If expectations for May retail sales and industrial production data are any indication, April will have proven to be the deepest part of the hole at least for China and the US. China will post both reports on Monday with the US posting its reports on Tuesday; substantial improvement is the general call especially for US retail sales. Key employment data in the week will be posted in the UK on Tuesday with Australia on Thursday, amid expectations for easing rates of damage. How severely Japan has been hit by the virus will be updated on Tuesday with May's merchandise trade report followed on Friday with consumer prices were deflation is expected to hold. The week will see several central bank announcements including from the Swiss National Bank and also the Bank of England where expectations are calling for more QE.

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