Markets Developments in the Middle East gradually lost their grip on global markets with central bank talk again taking the lead. Fed Vice-Chair Jefferson delivered a perfect assist for Chair Powell to acknowledge the consequences of recent strong US activity data while inflation remains stubbornly high. Jefferson warned that the Fed will have to keep […]
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Australia’s retail sales fell -0.4% mom in March, well below expectation of 0.2% mom. Ben Dorber, ABS head of retail statistics, highlighted the impact of cost of living pressures on consumer behavior. He further noted Read more…
ANZ Business Confidence dropped notably from 22.9 to 14.9 in April. Own Activity Outlook similarly decreased from 22.5 to 14.3. The survey highlighted escalating cost pressures as a primary concern for businesses. Cost expectations rose Read more…
Japan’s industrial sector showed a robust rebound in March, with production rising by 3.8% mom, surpassing expectations of a 3.4% increase. This significant uptick represents a strong recovery from the previous month’s -0.6% yoy decline. Read more…