The British pound strengthened against other major currencies in the European session on Tuesday, as investors expect the Bank of England to have a rate hike before the end of the year. Markets had anticipated—that the Bank of England (BoE) would decrease interest rates twice this year. According...
The euro strengthened against most major currencies in the European session on Tuesday, amid expectations that the European Central Bank (ECB) would raise rates this week. Investors speculate that the ECB will tighten its monetary policy at Thursday's meeting. The slow Eurozone will discourage the...
China's exports surged in May fueled by increased shipments of automobiles and artificial intelligence-related products, official data revealed Tuesday. Exports logged a double-digit growth of 19.4 percent in May, following an increase of 14.1 percent in April. The growth outpaced economists' forecast of 15.0 percent.
The U.S. Dollar value ticked lower as investors weighed reports stating that Iran is preparing for a full-scale war with Israel amid reassurances from U.S. President Donald Trump that U.S.-Iran negotiations are proceeding well.
The U.S. Dollar rebounded against major currencies during the week ended June 5 amidst the persisting uncertainty surrounding the Middle East peace process as well as the strong jobs data from the U.S. that boosted bets of a Fed rate hike.
Germany's factory orders declined more than expected in April as frontloading effects diminished, data from Destatis revealed Monday. Factory orders logged a monthly fall of 3.8 percent in April, in contrast to the revised 4.5 percent increase in March and 1.6 percent rise in February. This was the first decline since January, when orders were down 11.5 percent.
Eurozone investor confidence improved for the second straight month in June, signalling economic stabilization to continue over the coming months, survey data from the behavioral research institute Sentix showed Monday. The investor sentiment index rose more-than-expected to -13.4 in June from -16.4 in May. The score was forecast to rise to -13.8.
The antipodean currencies such as the Australia and New Zealand dollars weakened against other major currencies in the Asian session on Monday, as Asian stock markets traded lower hurt by tumbling technology stocks which mirrored their peers on tech-heavy Nasdaq amid concerns about valuations. Additional...
Japan's economy expanded a slower pace than initially estimated in the first quarter largely reflecting the decline in business investment, revised data from the Cabinet Office showed Monday. Gross domestic product logged an annualized growth of 1.8 percent in the first quarter, which was revised down from the 2.1 percent growth estimated initially.
Factory orders from Germany and investor confidence from the euro area are the top economic news due on Monday. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders. Economists forecast factory orders to fall 2.2 percent on a monthly basis in April, in contrast to the 5.0 percent increase in March.
The U.S. Dollar value edged higher after robust nonfarm payrolls data release in the U.S. In addition, despite U.S. President Donald Trump confirming progress in U.S.-Iran talks, the delay in reopening of the Strait of Hormuz kept oil-related inflationary concerns alive.
House prices in the U.K. fell for a third month in a row in May amid the global uncertainty linked to the tensions in West Asia and subdued demand due to higher borrowing costs, results of a survey by S&P Global showed on Friday. The house price index fell 0.1 percent month-on-month in May, same as in April, the S&P Global survey conducted for the Lloyds Bank subsidiary Halifax revealed.
Employment in the U.S. jumped by much more than expected in the month of May, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment shot up by 172,000 jobs in May after surging by an upwardly revised 179,000 jobs in April.
The euro area economy contracted for the first time in more than three years in the first quarter, in contrast to the earlier estimates, dragged down by the massive slump in Ireland, official data revealed Friday. Gross domestic product shrank 0.2 percent on a quarterly basis, offsetting the 0.2 percent growth seen in the fourth quarter, latest data from the statistical office Eurostat showed.
The Reserve Bank of India left its key policy rates unchanged on Friday and unveiled a slew of measures to attract dollar inflows as the rupee continues to slide amid a mix of surging oil prices, foreign capital outflows from emerging markets and geopolitical risks triggered by the Middle East conflict. The Monetary Policy Committee unanimously decided to hold interest rates.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.