Economy Watch

Sudden risk aversion as China coronavirus spreads. Equity and bond markets retreat. Large parts of China in lockdown. Spring Festival extended. Improving global PMIs undermined. Gold up. OIl down on demand fears.

The Wuhan coronavirus spooks equity markets worldwide. The NY Fed active in repo markets again. China scoops up rare earth stockpile. ECB holds. BIS warns. Aussie jobless rate falls on more part-time work.

US economic activity slows. NY Fed adds $50 bln in repo liquidity. US house sales firm. Canada hold official rate, CPI at 2%. China local governments issue many more bonds. Aussie consumer sentiment low and falling.

Dairy prices rise +1.7% at auction. Equity markets lower on China risk and weak US prospects. Taiwan growth rising. EU sentiment rises further. France delays tech tax. BHP coal output slows on bush fires.

The IMF reports both China and the US had growth declines during the trade war. They don't see any rebound. Moody's trims Hong Kong's credit rating. China's coronavirus is spreading. Japan's industrial production is shrinking. Iron ore and coal prices are rising.

China's population growth slows to 1.4 bln. China's GDP growth rate slows but still strong.

US data underwhelms and growth slows. China $ growth more than double American $ growth.

Australian bushfires hurt tourism badly.

US retail sales rise in December. Equity markets rise. China new home prices stable. China bank debt growth falls. Australia home loans rebound.

American producer prices weak. Beige Book modest. Trade deal signed. Canada housing markets have low listings, tight rental supply. China uses tax to isolate Hong Kong. Japan machine tool orders tank. Australia trials using cryptos to power its interbank settlement system.

US inflation rises. US real earnings stall. US holiday retail sales lackluster. US federal budget deficit rises. China exports rise. China trade surplus huge. Blackrock focuses on climate risks. Bitcoin jumps.

Global equity markets rise. Canadian businesses optimistic. China car sales to decline. China steel industry faces shakeout. Mt Taal eruption fears grow. Australian bush fire consequences widen. Yuan steadily strengthening.