Category macro

Markets Await Key Economic Data

US inflation and ECB policy announcement due this week A light week is ahead, with Monday having no major economic events scheduled. The Westpac consumer sentiment index for Australia saw a modest recovery in May, rising 3.5% after a steep drop in April. Th

US Tax Refunds Rise 17%

Tax refunds surge 17% due to new tax code provisions The US saw a 17% increase in tax refunds, driven by exemptions on tips and overtime, as well as an expanded child tax credit. Retail sales reached $757 billion in April 2026, with disposable income per capita ris

Thailand Holds Rates Steady

BoT maintains 1-day repo rate at 1.00% through 2026 and 2027 Thailand's central bank is expected to keep interest rates unchanged due to supply-led inflation. The Consumer Price Index data confirms a cost-push inflation backdrop. The authorities' formal 2026 inflati