Australia's business conditions and confidence weakened in May, indicating signs of slowdown in economic activity, survey results from the National Australia Bank showed Tuesday. Elsewhere, a survey from Westpac showed that consumer sentiment improved in June but remained near recession lows. The business conditions index fell to 8 points from 15 points in April. The fall was driven by the decline...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.