May CPI data due June 19 may reinforce concerns over sustained inflation as USDJPY nears 2024 highs despite BoJ rate hike. Japan’s core inflation measures have remained below the Bank of Japan’s 2% target for four consecutive months, raising questions about the durability
The Bank of England maintained its benchmark rate amid a 7-2 vote, with dissenters favoring a 25bp increase to curb inflation risks. The Bank of England kept its Bank Rate unchanged at 3.75% in a 7-2 decision, as two Monetary Policy Committee members advocated for a 25 bas
Initial unemployment filings dropped last week, signaling labor market resilience amid Fed rate hike expectations. US initial jobless claims declined to 226K for the week ending June 13, slightly above the 225K estimate but below the prior week’s revised 230K. The four-wee
Initial claims rose slightly above forecasts, while continuing claims also exceeded expectations, signaling potential labor market softening. US initial jobless claims climbed to 226,000 for the week, surpassing the 225,000 estimate. Continuing claims reached 1.810 million
May PPI climbed 1.2% month-over-month, missing estimates, while annual inflation hit 13.6%, up from prior levels. Canada’s producer price index increased 1.2% in May from April, below the 1.8% consensus forecast. The annual PPI rose to 13.6%, up from 11.4% in the prior per
April data shows UK unemployment dropping below expectations while wage growth accelerates, signaling tight labor market conditions. The UK’s ILO unemployment rate declined to 4.9% in April, below the 5.0% forecast and matching the prior month’s revised figure. Employment
New Zealand’s economy expanded less than anticipated in Q1 2026, signaling potential weakness amid revised prior-quarter growth. New Zealand’s gross domestic product grew 0.8% quarter-on-quarter in Q1 2026, falling short of expectations for a stronger rebound. The print ma
New Zealand’s economy grew faster than expected in Q1 2026, with annual growth hitting 1.5% against a 1.1% forecast. New Zealand’s first-quarter GDP expanded 0.8% quarter-on-quarter, slightly below the 0.9% consensus but up from 0.2% in the prior quarter. Annual growth rea
New Zealand's Q1 GDP growth expected to rise New Zealand's economy is expected to show solid growth in the first quarter of 2026. The median market forecast points to quarterly growth of 0.9%, up from 0.2% in the previous quarter. The growth is expected to be driven
Federal Reserve maintains benchmark rates amid unanimous commitment to price stability despite persistent inflation concerns. The Federal Reserve kept interest rates steady at 3.5-3.75%, citing solid economic expansion but acknowledging inflation remains well above the 2%