Fed in focus with FOMC minutes and high-level Fed speeches.
Global flash PMIs - we expect a flat Chinese PMI but improvement in Germany.
German IFO expectations have less upside than the PMI.
Bank of Japan's monetary policy meeting - we do not expect any changes to the ultra loose policy.
Swedish unemployment numbers and sentiment indicators from NIER.
UK inflation to stay above BoE's target, minutes will give more colour on risks.
Global Update
Japanese kick-start of the economy has succeeded - GDP growth jumped in Q1 and the outlook for coming quarters remains strong.
FOMC member is once again putting QE exit on the agenda, we expect tapering to start this year.
Swedish inflation data raise the risk of a rate cut in July.
Chinese recovery remains fragile and has lost momentum but so far no severe deceleration in growth.
We have lifted our US GDP forecast on the back of strong retail sales data.
Euro area GDP was as weak as we had expected in Q1 but improvement in Germany is likely to lift growth in Q2.
To Read the Entire Report Please Click on the pdf File Below.
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Weekly Focus: Bank Of Japan's Policy Easing Works
Published 05/20/2013, 07:21 AM
Updated 05/14/2017, 06:45 AM
Weekly Focus: Bank Of Japan's Policy Easing Works
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