View:
June 09, 2026
South African Economy Grew by 1.9% y/y in Q1
June 9, 2026 2:45 PM UTC
Bottom Line: Statistics South Africa (Stats SA) released the Q1 2026 growth figures on June 9. Economy grew by 1.9% y/y (0.5 q/q) in Q1, accelerating from an annual 0.8% advance in Q4 2025 supported by stronger outputs from service and agricultural sectors and a positive trade balance despite weakne
Norges Bank Preview (Jun 18): Forecast Update the Key
June 9, 2026 2:32 PM UTC
It may not have been a close call, but amid what were divided market expectations, the Norges Bank hiked afresh last month by 25 bp (to 4.25%), the first such move in two years. Admittedly, it had given a clear pointer in March of at least one rate hike probable in subsequent next couple of months
U.S. May Existing Home Sales - Resilient to headwinds
June 9, 2026 2:18 PM UTC
May existing home sales have seen a stronger than expected 3.2% increase to 4.17m, taking the level to the highest since December. This shows resilience to higher mortgage rates and fading hopes for Fed easing, but it follows three straight gains in pending home sales after they hit a record low in
Preview: Due June 10 - U.S. May CPI - Energy and air fares to lead
June 9, 2026 1:39 PM UTC
We expect May CPI to increase by 0.5% overall and 0.3% ex food and energy, with respective gains before rounding being 0.527% and 0.253%, meaning that the core rate is a close call between 0.2% and 0.3% before rounding. The extent of the energy feed through to air fares may be the swing factor in th
April US trade deficit shows a fairly stable picture, Canada trade balance shows a stronger surplus
June 9, 2026 1:18 PM UTC
April’s US trade deficit of $55.9bn is a little narrower than the market expected but less of an improvement from March than expected, with March’s deficit being revised lower, to $56.6bn from $60.3bn. The deficit has not changed much over the last four months, and appears to be stabilizing at a
UK CPI Preview (Jun 17): Inflation Peaking?
June 9, 2026 9:37 AM UTC
What have been energy induced price rises are now very evident, even more so in some aspects of the latest PPI data. Regardless, actual CPI have offered a more benign picture both in terms fo headline and underlying trends. Indeed, having seen headline CPI jump to 3.3% in March and where service