Economic Calendar
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Spain Services Sector Stabilises in May
The S&P Global Spain Services PMI rose to 50.1 in May 2026 from 47.9 in April, above market expectations of…
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AUDUSD: Australia GDP slows as markets focus on the RBA policy outlook
Growth disappoints, but the details are more nuanced Australia’s economy slowed in the first quarter of 2026, with GDP rising…
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Economic calendar: PMI reports and the US labor market in the spotlight
Global markets are entering the session in an environment of strong risk appetite, driven by record highs in the S&P…
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UAE Non-Oil Private Sector Growth Improves Slightly
The S&P Global UAE PMI rose to 52.6 in May 2026 from 52.1 in the previous month, signaling a modest…
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Saudi Non-Oil Private Sector Growth Continues in May
Riyad Bank Saudi Arabia’s PMI rose to 52.8 in May 2026 from 51.5 in April, signaling a stronger improvement in…
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ECB’s Wunsch: US-Iran deal confirmation before June meeting won’t derail interest rate hike hopes
European Central Bank (ECB) policymaker and the head of Belgium’s central bank, Pierre Wunsch, said in an interview with Financial…
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US targets extra 12.5% tariffs on India, 59 other countries for not enforcing forced labour ban
The United States (US) plans to impose fresh tariffs of at least 10% on imports from major trading partners due…
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PBoC Skips Reverse Repos for First Time Since August 2024
The People’s Bank of China (PBoC) announced on Wednesday that it conducted zero reverse repo operations, citing primary dealers’ funding…
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UK Mortgage Lending Falls to 6-Month Low
Net borrowing of mortgage debt by UK individuals decreased to £4.4 billion in April 2026, the lowest in six months,…
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US Logistics Activity Remains Robust
The Logistics Manager’s Index in the US declined to 69.5 in May 2026 from 69.9 in April, pointing to a…
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