South Korea: Growth surge and BoK hike risks – ING ING’s Senior Economist Min Joo Kang highlights that South Korea’s Gross Domestic Product (GDP) jumped 1.7% QoQ in 1Q26 on strong chip exports and AI-related investment, prompting an upgrade of the 2026 GDP forecast to 2.8%...
US: Initial Jobless Claims rose to 214K vs 212K expected The US Department of Labor (DOL) reported on Thursday that the number of US citizens filing new applications for unemployment insurance rose to 214K for the week ending April 18, an increase of 6,000 from the previous...</p
The US Department of Labor (DOL) reported on Thursday that the number of US citizens filing new applications for unemployment insurance rose to 214K for the week ending April 18, an increase of 6,000 from the previous week's revised level. The US Department of Labor (DOL)
Prior was +0.4% m/m PPI y/y vs 5.4% prior Raw materials price index % m/m vs +0.6% prior Raw materials price index % y/y vs +8.6% prior Canada's two key producer price gauges — the Industrial Product Price Index (IPPI) and the Raw Materials Price Index (RMPI) — are published...</
UK: Retail sales and PMIs point to risks – TD Securities TD Securities analysts expect United Kingdom (UK) Retail Sales to rise 0.1% month-on-month in March, slightly above market consensus, viewing February’s weakness as payback for January’s strength rather than softer... <
As oil prices continue to move up, there was a surprising rally in US stocks yesterday. As oil prices continue to move up, there was a surprising rally in US stocks yesterday. But after some fake news chatter overnight, that is putting a dampener on the risk mood as we get
Japan’s composite PMI eased to 52.4 (exp. 51.4) as manufacturing surged to 54.9 but services slowed to 51.2. Japan’s composite PMI eased to 52.4 (exp. 51.4) as manufacturing surged to 54.9 but services slowed to 51.2. Strong factory output offset weaker domestic demand, wh
But Bank of America economist Aditya Bhave warned Wednesday that such a recalculation might not pan out as the former Fed governor hopes. But Bank of America economist Aditya Bhave warned Wednesday that such a recalculation might not pan out as the former Fed governor hope
UK: BoE seen on hold as prices rise – ING ING’s James Smith notes that UK inflation rose to 3.3% in March on higher fuel costs and is likely to move towards 3.5–4% later in 2026, helped by July’s increase in household energy... UK: BoE seen on hold as prices rise – ING ING
A slowing labour market and a sharp rise in inflation set to keep BoE on hold Under normal circumstances a fall in the unemployment rate would be good news, and this week’s news that unemployment for the 3-months to February fell from 5.2% to 4.9% does appear to be... Read More 👈