Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

Economy Week Ahead : Factories, Trade and Jobs

share with twitter share with LinkedIn share with facebook
08/02/2020 | 03:15pm EDT

By WSJ staff

The U.S. jobs report for July caps a full week of data that should shed light on the global pace of recovery from a sharp, severe recession caused by responses to the new coronavirus.


China's Caixin manufacturing index, a private gauge of factory activity tilted toward small and private companies, is expected to show another month of expansion in July. An official gauge last week beat expectations, signaling the country's economic recovery remained on track.

Japan releases a second revision for January-to-March gross domestic product. Earlier data showed the economy contracted at an annualized 2.2% pace. Economists expect downward revisions, reflecting weaker-than-expected capital expenditures.

The Institute for Supply Management releases its U.S. manufacturing index for July. Factory activity is expected to improve for the third straight month as manufacturers rebound from shutdowns and supply-chain disruptions.


The Bank of England is due to announce its latest policy decision alongside updated forecasts for the U.K. economy. Economists expect the BOE to keep policy on hold after cutting its benchmark rate to a new low in March and stepping up its bond-buying programs to cope with the fallout from Covid-19.

U.S. jobless claims rose for two straight weeks in July. Figures for the week ended Aug. 1 will be scrutinized to see if the labor market is signaling another rise in layoffs while Covid-19 cases remain elevated.


China's customs bureau releases trade data for July. Import and export figures will be closely watched as a gauge of Chinese demand for foreign goods and the rest of the world's demand for Chinese products.

Japan's household spending for June is expected to have declined 8%, according to a survey by data provider Quick, compared with a decrease of 16.2% in May. Shops and restaurants slowly reopened after Japan lifted a nationwide state of emergency in late May.

U.S. employers are expected to add jobs for the third straight month. Two potential problems: Recent gains won't be nearly enough to recoup losses in March and April, and the pace of job creation -- though elevated by historical standards -- appears to be slowing as the recovery loses some steam.


share with twitter share with LinkedIn share with facebook
Latest news "Economy & Forex"
01:14aJapan to send team of ministry officials, specialists to assist in oil spill
01:14aJAPAN ENVIRONMENT MINISTER KOIZUMI : Sees oil spill as grave crisis that could lead to loss of biodiversity
01:04aJapan environment minister koizumi says plans to send team of environment ministry officials, specialists to mauritius soon to respond to oil spill
12:45aAlibaba's Freshippo says will test all Shenzhen employees for COVID-19
08/14Latin America's coronavirus cases exceed 6 million
08/14REFILE-UPDATE 1-Alibaba's Freshippo says will test all Shenzhen employees for COVID-19
08/14ADB ASIAN DEVELOPMENT BANK : President, ICRC President Discuss Collaboration in Fragile and Conflict-Affected States
08/14U.S. CDC says updated isolation guidance does not imply immunity to COVID-19
08/14U.S. says seized four Iranian fuel shipments en route to Venezuela
08/14WALL STREET WEEKAHEAD : Biden victory? Disputed election? Wall Street prices in November outcomes
Latest news "Economy & Forex"