May CPI rose 1.2% year-over-year, below the 1.3% estimate, as deflationary pressures persist in key sectors. China’s consumer price index increased 1.2% year-over-year in May, falling short of the 1.3% consensus forecast. Month-over-month, prices declined 0.1%, slightly be
Brian Armstrong calls for regulatory clarity over personal disputes in response to JPMorgan CEO Jamie Dimon’s recent remarks. Coinbase CEO Brian Armstrong addressed criticism from JPMorgan CEO Jamie Dimon during a June 5, 2026 interview, expressing confusion over the publi
Japan's May PPI rises 6.3% year-over-year Japan's wholesale inflation remains elevated, with the corporate goods price index rising 6.3% year-over-year in May. The increase surpasses expectations of a 5.5% rise. The monthly increase was 0.9%, exceeding the
Asia’s key inflation gauges for June may signal easing wholesale pressures in Japan and subdued consumer prices in China amid cost pressures. Japan’s Producer Price Index (PPI) for June is expected to show a month-on-month decline, easing wholesale inflation pressures. The
Wall Street expects May inflation at 4.2% annually, driven by energy costs and broadening price pressures beyond oil. US consumer prices are projected to rise 4.2% year-over-year in May, the highest since April 2023, according to consensus estimates. The monthly gain is ex
Economists forecast a 4.2 percent year-over-year increase in May CPI, exceeding the Fed’s 2 percent target amid U.S.-Iran tensions and energy pressures. U.S. consumer prices are expected to rise 4.2 percent year-over-year in May, the fastest pace since April 2023, as energ
Canada: Early-stage recovery view – RBC Royal Bank of Canada (RBC) economist Claire Fan argues that recent contractions in Canadian GDP do not signal a recession, noting that the C.D. Howe Institute Business Cycle Council shares this view She emphasizes that sharp s
April’s trade gap came in smaller than expected, potentially easing the drag on Q2 GDP growth. The US trade deficit shrank to $55.9 billion in April, below the $56.1 billion estimate and down from a revised $56.6 billion in March. The prior month’s deficit was initially re
April’s surplus exceeded forecasts, driven by higher exports and volatile gold trade flows. Canada’s trade surplus rose to $2.72 billion in April, surpassing the $2.57 billion estimate. The increase follows a $1.78 billion surplus in March, reflecting stronger export perfo
April’s trade gap shrank as exports rose faster than imports, marking the first monthly improvement in 2026. The US trade deficit narrowed to $55.9 billion in April from a revised $56.6 billion in March, driven by a larger increase in exports than imports. The goods defici
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