News
S&P affirms Latvia's A/A-1 rating citing fiscal discipline By Investing. com
2+ hour, 17+ min ago (277+ words) S&P affirms Latvia's A/A-1 rating citing fiscal discipline Investing. com | Editor Luke Juricic Published Dec 31, 0000 07: 00 PM ET Updated May 29, 2026 04: 32 PM ET Investing. com - S&P Global Ratings affirmed its 'A/A-1' long- and short-term foreign and local currency sovereign credit…...
Canada dips into technical recession as first-quarter GDP unexpectedly contracts By Investing. com
9+ hour, 23+ min ago (363+ words) Updated May 29, 2026 09: 26 AM ET Investing. com -- The Canadian economy edged into a technical recession during the first three months of the year, driven downward by weak business and government spending. Real gross domestic product fell by an annualized 0. 1% in the…...
US GDP Data Points to Softer Growth Beneath Headline Resilience
1+ day, 4+ hour ago (308+ words) Mike (Mish) Shedlock "|"May 28, 2026 02: 12 PM ET Economists missed the mark. The consensus expected an increase. In the advance estimate, the BEA reported 2. 0 percent growth. The Econoday consensus was an upward revision to 2. 1 percent. Real Gross Domestic Income (GDI) is not…...
Inflation Expectations Surge in 2 Distinct Consumer Confidence Surveys
1+ day, 14+ hour ago (465+ words) Mike (Mish) Shedlock "|"May 28, 2026 05: 34 AM ET 57% of consumers say high prices are eroding their personal finances. The University of Michigan"Consumer Sentiment Index fell to a record low in May. Not to be confused with the University of Michigan survey,…...
Fed's Musalem questions AI productivity hopes, urges vigilance By Investing. com
1+ day, 8+ hour ago (242+ words) Updated May 28, 2026 10: 37 AM ET Speaking at a Central Bank of Iceland and Northwestern University economic conference in Reykjavik, Musalem argued that current conditions do not support a shift toward looser policy. The real policy rate sits below the Fed's notion…...
BOJ rate hike timing secondary to economy's readiness, ex-BOJ Deputy Governor Wakatabe says By Reuters
1+ day, 15+ hour ago (135+ words) Investing. com Updated May 28, 2026 03: 00 AM ET TOKYO, May 28 (Reuters) - Former Bank of Japan Deputy Governor Masazumi Wakatabe said on Thursday that the timing of a potential interest rate hike is less important than whether the economy can withstand tighter monetary…...
Australia consumer inflation slows in April, core creeps higher By Reuters
2+ day, 21+ hour ago (96+ words) Investing. com Updated May 26, 2026 09: 48 PM ET Data from the Australian Bureau of Statistics showed its monthly consumer price index (CPI) rose 0. 4% in April, from the previous month, while the annual pace slowed to 4. 2%, from 4. 6%. Median forecasts had been for a…...
Stocks Rise on AI Optimism While Fed Signals Higher Rates for Longer
3+ day, 1+ hour ago (1061+ words) Investing. com Stocks Rise on AI Optimism While Fed Signals Higher Rates for Longer Brent Schutte | May 26, 2026 05: 12 PM ET In a relatively light week for traditional economic data, a mix of corporate earnings, business surveys, Federal Reserve minutes, and the…...
Japan's corporate service prices rise 3% in April By Reuters
2+ day, 22+ hour ago (187+ words) Updated May 26, 2026 08: 12 PM ET TOKYO, May 27 (Reuters) - A key gauge of Japan's service-sector inflation rose 3. 0% in April from a year earlier, data showed on Wednesday, reinforcing the central bank's view that a tight labour market is pushing firms to pass…...
GBP/JPY Could Fall Fast
3+ day, 10+ hour ago (92+ words) Investing. com Scott Barkley "|"May 26, 2026 08: 36 AM ET Forex Strategy is Bearish: GBP/JPY is"currently"at 214. 54 at a significant top. "If we get this breakout, we are looking to continue to the ATR target @ 213. 62." We have the start of convergence…...