Category macro

China Sets Loan Prime Rates

China's benchmark lending rates are due for announcement The People's Bank of China will announce China's benchmark lending rates on Monday. The 1-year Loan Prime Rate is currently at 3.00% and the 5-year Loan Prime Rate is at 3.50%. The rates are expected

Canada Retail Sales Rise 0.5%

Canada retail sales increased 0.5% in April Canada's retail sales rose 0.5% in April, driven by various factors. The prior month's sales were up 0.9%. The advanced April reading was initially expected to be 0.6%. Other notable market movements include a 15%

UK Retail Sales Rise 1.2% In May

UK retail sales volumes increased 1.2% month-over-month UK retail sales volumes rose 1.2% in May, rebounding from a 1.0% decline in April. The increase surpassed market expectations of a 0.5% rise. On a three-month basis, retail sales were up 0.4% compared

Japan Inflation Remains Steady

Japan's inflation rate holds at 1.5% year-over-year Japan's headline inflation rate remained steady at 1.5% year-over-year. The core inflation rate also matched expectations at 1.4%. The data comes as the USD/JPY exchange rate reversed sharply from 161.80 i