Economics
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Economic calendar: Oil, Fed, jobless claims, and Wall Street earnings
The mood across global financial markets has cooled slightly following the previous session. The US500 closed at 7,550 points ,…
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Australia Trade Balance Swings to Surplus
Australia posted a trade surplus of AUD 1.79 billion in April 2026, shifting from a downwardly revised AUD 1.02 billion…
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Australia Exports Rebound in April
Australia’s goods exports grew 7.2% mom to a three-year high of AUD 47.19 billion, after a downwardly revised 2.5% fall…
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PBoC Continues Zero Reverse Repo Operations
The People’s Bank of China (PBoC) left its daily liquidity injections unchanged at zero for a second consecutive session on…
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ISM Non-Manufacturing PMI above expectations
15:00 – US ISM and Factory Orders Data (April/May) ISM Data (May) ISM Non-Manufacturing Prices: 71.3 (Previous: 70.7) ISM Non-Manufacturing…
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Russia Services Growth Hits 8-Month Low
The S&P Global Russia Services PMI declined to 48.7 in May 2026 from 49.7 in the previous month, marking the…
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Sweden Services Sector Growth Picks Up in May
The Services PMI in Sweden rose to 53.9 in May 2026 from 52.6 in April, but remained below its historical…
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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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