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German ZEW misses consensus with expectation survey falling for the 3rd straight month

Market Talk – July 21, 2021 | Armstrong Economics

Spread the love ASIA: China has scrapped its population control policy. Families in China can have as many children as they like without facing fines or other consequences. The announcement ended, in practice, decades of restrictions on the number of children each household could have, as authorities attempt to encourage births in the face of a rapidly aging population. Births dropped 15% last year, a fourth-straight year of decline. China began loosening its strict one-child policy about six years ago after imposing it in the 1980s. Suntory CEO Takeshi Niinami said the Olympics are losing their commercial value. He said that his company decided against being a sponsor of the upcoming Tokyo Games, saying it was “too expensive.”

Brillantísimo desfile de la batalla de flores orensana

Brillantísimo desfile de la batalla de flores orensana close photo camera Una de las carrozas que desfilaron en la batalla de flores. 29/jun./21       29 de junio de 1996 - España cae eliminada en la Eurocopa (1) Un año más, el tradicional desfile de carrozas de la batalla de flores de nuestras fiestas ha constituido un rotundo éxito. El tiempo -ya de auténtico verano- ha contribuido también a su brillantez, compensando así la suspensión del pasado sábado obligada por la lluvia. Gran cantidad de público procedente de la capital y de la provinciza abarrotaba el circuito, siendo destacable la gran cantidad de niños y las “incruentas” batallitas de confeti y serpentinas.

Focus on the much anticipated US CPI data

6/10/2021 9:29:30 AM GMT Notes/Observations - Focus on US may CPI data with YoY expected to accelerate to 4.7%; Fed had been unified that inflation pressures were transitory. - ECB expected to maintain its pandemic bond-buying program pace. - ECB Staff Projections long-term inflation forecasts may well remain below the current ECB inflation objective. - Various Nordic May inflation data eased from month-ago levels (Norway and Sweden both missed YoY consensus). Asia: - China PBOC Gov Yi Gang stated that he saw 2021 CPI under 2.0% (Note: compares to 3.0% official target) and expected China GDP expansion to be close to the potential growth rate.

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