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April 24, 2026
Canada February retail sales - Moderate gain, though momentum fading
April 24, 2026 12:51 PM UTC
February Canadian retail sales with a 0.7% increase are slightly below a preliminary estimate of 0.9% made with January’s data. In real terms the rise was moderate at 0.3%. The preliminary estimate for march is for an increase of 0.6% but with prices, led by gasoline, having risen sharply in March
BoE Preview (Apr 30) Divided Again But Unmoved (For Now)?
April 24, 2026 9:34 AM UTC
Very clearly, the BoE kept rates on hold with the MPC unanimous last month and the same decision is expected this time around but with probable fresh dissent, with up to 2-3 members opting for an immediate hike. These splits will be even more evident in the individual MPC member statements (as exp
April 23, 2026
South Africa Inflation Hit 3.1% y/y in March but Pressures Signal Looming Spike
April 23, 2026 10:40 AM UTC
Bottom Line: Following the decline in headline inflation to 3.0% y/y in February, South Africa’s inflation rose to 3.1% y/y in March. On a monthly basis, prices increased by 0.6% and the main drivers behind the rise were housing, utilities and financial services. The surge was driven by a combinat
April 22, 2026
FOMC Preview for April 29: Uncertainty keeping the Fed on hold
April 22, 2026 2:29 PM UTC
The FOMC meets on April 29 and there is little risk of a change in rates from the current target range of 3.5-3.75%. High uncertainty, both on the geopolitical situation and the future of the Fed, suggests there will be little forward guidance, and the dots will not be updated until the next meeting
April 21, 2026
UK Labor Market: Lower Jobless Rates Misleading, as Wage Pressures hit New Cycle -Low
April 21, 2026 6:54 AM UTC
There are further signs that the labor market is haemorrhaging jobs both clearly and broadly with fresh falls in the more authoritative measure of jobs covering payrolls. Indeed, private sector payrolls are still falling, down over 0.5 ppt in y/y terms. Admittedly, headlines may be formed around
April 20, 2026
Preview: Due April 21 - U.S. March Retail Sales - Surge on gasoline prices, underlying trend subdued
April 20, 2026 12:16 PM UTC
We expect March retail sales to surge by 1.4% largely on surging gasoline prices, with sales ex auto and gasoline even stronger at 1.6%. Ex autos and gasoline we expect a rise of only 0.2%, on the weak side of a trend that has recently lost momentum.