We also had US industrial production data released this week. It was flat in April from the previous month, while factory output fell by 0.3%. The Conference Board Leading Economic Index for the U.S.
2 May: ‘Higher-For-Longer’ Narrative Sinks Deeper Roots The US Federal Reserve has kept interest rates in a target range between 5.25% and 5.5% and signalled that borrowing costs are likely to ...
Retail sales were unchanged, coming in well below economists' expectations, and follow a revised 0.6% pace in March, ...
Movements on global markets this week will be dominated by the release on Thursday of the US second estimated gross domestic ...
Goldman Sachs raised its global oil demand forecast for 2030 on Monday and expects consumption to peak by 2034 on a potential slowdown in electric vehicle adoption, keeping refineries running at ...
The Fed's goal of keeping rates high until inflation falls to 2% has significant implications for consumers, investors and ...
The dollar had fallen back after data showed a slowdown in consumer price rises in April and confirming the trend could pull ...
Sentiment took a blow last week after Federal Reserve officials warned they wanted more evidence prices were being brought ...
Some ECB policymakers have warned there are limits to how much it can diverge from the Fed, which usually takes the lead on ...
Analysts expect inflation in the Philippines to settle at an average of 3.7 percent this year, a slight improvement from the ...
JPMorgan CEO Jamie Dimon flagged threats including sticky inflation, government overspending, foreign conflicts, and ...