Global equities ended weaker last week, amid concerns over rising inflation.
UK Markets ended the week in negative territory, as rising bond yields stoked fears of higher interest rates.
The CBI distributive trade survey's retail sales balance climbed in February.
Average earnings including bonus advanced more than expected in December.
The ILO unemployment rate rose to a five-year high in December.
European Markets ended the week on a negative footing, amid surge in the US Treasury yields and concerns over inflation.
Eurozone’s consumer prices advanced for the first time in 6 months in January.
In the Eurozone, the industrial confidence indicator climbed more than market forecast in February.
Eurozone’s consumer confidence index improved in February.
In the Eurozone, the economic sentiment index advanced to a one-year high in February.
Eurozone’s business climate indicator fell in February.
Germany’s Ifo business expectations index increased in February.
In Germany, the Ifo business climate index rose in February.
Germany’s Ifo current assessment index climbed in February.
In Germany, gross domestic product (GDP) grew more than initially estimated in 4Q20.
Germany’s GfK consumer confidence improved in March.
European Central Bank (ECB) President, Christine Lagarde, in her speech, indicated that the central bank is “closely monitoring” the recent rise in bond yields. Further, she stated that with around €1 trillion still left unspent in the Pandemic Emergency Purchase Programme, the ECB had “considerable firepower and flexibility”, to guide financing conditions.
US Markets ended the week in red, amid rise in the US bond yields.
The Dallas Fed manufacturing index jumped in February.
The Chicago Fed National Activity Index strengthened in January.
The CB consumer confidence improved in February.
The housing price index advanced in December.
New home sales rose more than market expectations in January.
Durable goods orders advanced above pre-pandemic levels in January.
GDP grew more than initially estimated in 4Q 2020.
Initial jobless claims dropped more than anticipated in the week ended 19 February 2021.
Personal income jumped more than market anticipations in January.
The Michigan consumer sentiment index fell less than initially estimated in February.
The Kansas Fed manufacturing activity unexpectedly advanced in February.
The Chicago Fed Purchasing Managers Index dropped in February.
Personal spending climbed less than market forecast in January.
The MBA mortgage applications fell in the week ended 19 February 2021.
Pending home sales fell in January.
The Richmond Fed manufacturing index remained unchanged in February.
Asian Markets ended weaker last week, amid concerns that rising inflation might prompt central banks to adjust their ultra-low interest rate policies.
Australia’s private sector credit demand advanced in January.
In Australia, home loan approvals rose in January.
Australia’s AiG performance of manufacturing index advanced in February.
In Australia, the Commonwealth Bank manufacturing PMI rose in February.
China’s house price index advanced in January.
In China, the Caixin manufacturing PMI index unexpectedly dropped to a 9-month low in February.
China’s NBS manufacturing PMI declined more than expected in February.
Japan’s industrial production advanced more than market anticipations in January.
In Japan, the leading economic index fell less-than-expected in December.
Japan’s coincident index dropped less than market consensus in
In Japan, the Jibun Bank manufacturing PMI advanced in February.
Japan’s construction orders climbed in January.
In Japan, the housing starts eased more than market forecast in January.
Japan’s retail trade fell in January.
In Japan, the Tokyo consumer price index (CPI) fell on an annual basis in February.