
Lagarde says difficult times have come, and the ECB raised the rate not to cause a recession but to stabilize prices. Read the report to learn the freshest news of the day!
According to Friday’s survey, in April, Japan's factory output was supposed to rebound at the fastest rate in nearly six years, driven by ascending exports as global demand revives.
The survey of up to 20 economists found that industrial output was supposed to ascend 4.3% in April from March that would be its strongest surge since posting 6.8% in May 2011.
The data is supposed to confirm that production activity is definitely improving on the back of ascends in exports as well as an inventory adjustment coming to its end.
Financial experts told that a pickup in car production due to a revival in car sales as well as soaring global demand for electronic components backed Japan's industrial production in April.
In April, household spending tumbled 0.7% for the 14th consecutive month, though the rate of descend would slow from last month when it dipped 1.3%.
The internal affairs ministry is about to issue the jobs data as well as household spending at 8:30 a.m. on Tuesday. The same day the trade ministry will unveil the retail sales figures.
Lagarde says difficult times have come, and the ECB raised the rate not to cause a recession but to stabilize prices. Read the report to learn the freshest news of the day!
ECB is ready to take the decision about the key rate. What to expect from officials? Oil prices are high, and economy indicators demonstrate the slowing down in the strongest European economies.
The Fed is going to take a decision about the interest rate. This is the crucial news for the following week. What's going on in the markets and what to expect?
Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.
In today's market insights, we delve into Citibank's oil price predictions, the evolving competition between Huawei and Apple, the Saudi Arabia-Tesla partnership, and the upcoming rate decisions from the world's major central banks.
It will be the hottest week of September, with four central banks’ meetings, five PMI releases, and a lot to trade.
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