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Bank of Japan Governor Ueda says Bank has limited room to support growth with rate cuts

Bank of Japan Governor Ueda is speaking in the Japanese parliament. If economy, prices come under strong downward pressure, BOJ has limited room to underpin […]

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PBOC sets USD/ CNY reference rate for today at 7.1840 (vs. estimate at 7.1853)

The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). […]

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Goldman Sachs like US equities but note it’s a soft data vs. hard data battle

Goldman Sachs says recent market trends indicate growing investor confidence in the economic outlook, as cyclical, growth-linked sectors have been outperforming more defensive, safety-focused stocks. […]

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UK retail spending slows sharply in May as cost pressures weigh on households

UK consumer spending growth eased significantly in May following a strong April, with new data showing signs that rising household bills and ongoing economic uncertainty […]

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