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May 14, 2026
U.S. April Retail Sales - Ex auto and gasoline still showing underlying resilience
May 14, 2026 1:01 PM UTC
April retail sales with a rise of 0.5% overall, 0.7% ex autos and 0.5% ex autos and gasoline are in line with expectations, and while likely to be marginally negative overall in real terms the ex autos and gasoline data suggests continued consumer resilience. Initial and continued claims have both p
UK Politics – A Laboured Labour Election Ahead?
May 14, 2026 12:55 PM UTC
It is somewhat ironic that as markets (particularly gilts) fret over a shift to the left causing less fiscal prudency, it is actually the centre of the Labour party that is fermenting the most uncertainty. (Now Ex) Secretary Streeting has yet to make a formal bid to challenge PM Starmer for the le
CBRT Hiked its End-Year Inflation Forecast to 26% Amid Economic Pressures
May 14, 2026 12:21 PM UTC
Bottom Line: Central Bank of Turkiye (CBRT) released its second quarterly inflation report of the year on May 14, and hiked its end-year inflation target to 26% for 2026, 15% for 2027 and 9% for 2028 citing the impact of the war in the region, higher energy prices and increased uncertainty over the
UK GDP Review: GDP Upside Surprises Continue, Correction Due or Fresh Trend?
May 14, 2026 6:59 AM UTC
Perhaps it is a supreme irony that just as the Labour government tears itself apart after disastrous election results last week, the actual real economy continues to surprise on the upside. Notably, since taking office in July 2024, the economy has grown a cumulative 2%-plus, ie over 1% per year.?