A report released by the National Association of Realtors on Tuesday showed existing home sales in the U.S. spiked by much more than anticipated in the month of May. NAR said existing home sales surged by 3.2 percent to an annual rate of 4.17 million in May after climbing by 0.8 percent to an upwardly revised rate of 4.04 million in April.
The Commerce Department released a report on Tuesday showing the U.S. trade deficit narrowed roughly in line with economist estimates in the month of April. The report said the trade deficit shrank to $55.9 billion in April from a revised $56.6 billion in March. Economists had expected the trade deficit to decrease to $55.8 billion from the $60.3 billion originally reported for the previous month
Germany's industrial production expanded for the first time in five months in April but the growth remained moderate as geopolitical tensions clouds outlook. Industrial output increased 0.4 percent on a monthly basis, in line with expectations but in contrast to the revised 0.1 percent fall in March, data from Destatis revealed Tuesday. Moreover, this was the first growth since November.
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 M2 money stock in Japan was up 2.5 percent on year in May, the Bank of Japan said on Tuesday - coming in at 1,298.1 trillion yen. That follows the 2.3 percent annual increase in April and the 2.0 percent gain in March. The M3 money stock was up 1.7 percent at 1,642.4 trillion yen, while M1...
South Korea's gross domestic product expanded a seasonally adjusted 1.8 percent on quarter in the first quarter of 2026, the Bank of Korea said on Tuesday. That was up from 1.7 percent in last month's advance estimate following the upwardly revised 0.1 percent contraction in the previous three months...
South Korea will on Tuesday release Q2 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to rise 1.7 percent on quarter and 3.6 percent on year after slipping 0.2 percent on quarter and adding 1.6 percent on year in the previous three months. Japan...
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.
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.
Japan's gross domestic product expanded a seasonally adjusted 0.5 percent on quarter in the first quarter of 2026, the Cabinet Office said on Monday - in line with expectations and steady from the previous three months. On an annualized basis, GDP was up 1.8 percent - missing forecasts for 2.1 percent,...
Japan will on Monday release Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. In the previous three months, GDP was up 0.5 percent on quarter and 2.1 percent on year. Japan also will see April figures for current account and May data for bank lending...
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.
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.