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inflation
Markets
Gold prices inch closer to all-time high on escalating geopolitical tensions
Market analysts referred to gold as a geopolitical trade rather than a monetary policy trade at the moment
Economy
ECB signals potential June interest rate cut despite rising oil prices, weaker euro
ECB ready to adapt monetary policy stance if current trends persist
Economy
U.S. economic activity expands slightly in April, inflation expectations remain firm: Survey
Inflation's reversed momentum sparks concern over interest rate cut timing
Europe
British housing market sees 0.2 percent price drop, 9.2 percent rent surge amid shifting rate outlook
House prices show smallest drop in 8 months
Asia
Bank of Japan signals gradual approach to interest rate hikes amidst domestic economic challenges
Board member Noguchi foresees slower policy adjustments compared to global counterparts
Africa
South Africa’s inflation dips to 5.3 percent in March, Reserve Bank to maintain 8.25 percent rates
On a month-on-month basis, consumer inflation was 0.8 percent in March, down from 1.0 percent in February
Economy
U.K. inflation slows to 3.2 percent, sparking rate cut speculations
Investors lower expectations for the scale and timing of future rate cuts
Africa
Egypt’s finance minister prioritizes inflation reduction, job creation in economic reform agenda
Egypt further plans to sell more state assets, which would reduce the state's role in the economy.
Economy
U.S. retail sales rise 0.7 percent in March on increased gas sales
Unemployment rate falls to a low of 3.8 percent supporting spending surge
Markets
U.S. dollar surges to 5-month high as retail sales beat expectations
U.S. retail sales data released on Monday showed a 0.7 percent increase last month
Economy
U.K. unemployment rate hits 6-month high of 4.2 percent, exceeding expectations
The unemployment rate in the country stood at 3.9 percent in the three months to January
Economy
Inflation in Germany eases to 2.2 percent in March, lowest since June 2021
The consumer prices increased by 2.7 percent year-on-year in February 2023
Asia
Japanese yen plunges to 34-year low amid dovish BoJ outlook
The yen weanked past the 154 range vs dollar
Economy
Inflation in France slows to lowest point since 2021, records 3.2 percent in March
Driven by lower growth in the prices of food, services, tobacco, energy, and manufactured products
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