Japan Q1 2026 GDP Growth Revised Lower as Weak Investment and Middle East War Pressure Economy 
Vietnam Prioritizes Fiscal Stimulus as Monetary Policy Space Narrows 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
US Stock Futures Rebound as Tech Shares Recover Despite Rising Middle East Tensions 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
Goldman Sachs Sees U.S. Dollar Holding Firm as Strong Economic Data Supports Outlook 
Asian Currencies Stabilize as Strong U.S. Jobs Data Boosts Dollar and Fed Rate Hike Expectations 
Switzerland Population Cap Referendum Sparks Economic and Immigration Debate 
China Trade Surplus Surges in May 2026 as Exports and AI-Driven Imports Accelerate 
Indian Companies Battle Rising Costs as Oil Prices, Freight Rates and Inflation Pressure Margins in 2026 
Germany April retail sales fell for the second consecutive month in a row, taking markets by surprise despite upbeat labor market and buoyant consumer sentiment. This is a clear indication for a slowing consumer momentum in the coming months.
Retail sales, excluding automobile sales in the Eurozone’s largest economy, dropped 0.9 percent from the preceding month, adjusted for inflation and seasonal swings, the Federal Statistical Office said Tuesday.
Retail sales rose 2.3 percent y/y, after adjusting for inflation, beating investor anticipation of 1.7 percent on the backdrop of two extra working days in April this year compared to the same period a year ago. However, a Reuters poll of economists had predicted retail sales to rise by a weaker 1.9 percent.
The country’s gross domestic product grew by a very healthy 0.7 percent at the start of the year, as falling oil prices, a cheaper currency and falling consumer prices all encouraged Germans to engage into spending.
German retail sales in the four months through April, however, were up 1.9 percent from the same period in 2015, adjusted for inflation.
