Trump from China: China would not give Iran military equipment
Thursday, May 14,2026,11:59
Speaking on a Fox Interview: China would not give Iran military equipment China agreed to order 200 "Big" Boeing jets Xi offered to help on Iran Xi said he would like to continue to buy oil from Iran. Does not like China support to Iran Boeing shares have moved lower. There is some ambiguity as to if it is a firm commitment or more of a letter of intent. Also there were earlier reports that the number would be up to 500 jets. Looking at the hourly chart, the price has moved below its 100 hour moving average at $230.97 after trading as high as $244.07. The 200 hour moving average at $225.95 is the next downside target. The price gapped above the 200 hour moving average back on April 7 and ... .. read more..
"Europe is at risk of falling further behind in the global technology race"
Thursday, May 14,2026,11:06
Dan Ives: Poland could become Europe’s AI breakout story Just heard one of my favorite analysts. An incredible wise, experienced, insightful and clear human that I think people shuld listen to. Dan Ives of Wedbush believes Europe is at risk of falling further behind in the global technology race unless it becomes more supportive of AI innovation, entrepreneurs, and regulatory reform. Speaking to Bloomberg while traveling in Europe and visiting an AI conference, Ives warned that the continent has already spent years lagging behind other major technology markets. In his view, the next phase of AI development could widen that gap if Europe fails to create a more attractive environment for bu... .. read more..
Treasury Announces Details Of Twenty-Year Bond Auction
Thursday, May 14,2026,11:05
The Treasury Department on Thursday announced the details of this month's auction of twenty-year bonds. .. read more..
U.S. Business Inventories Increase Slightly More Than Expected In March
Thursday, May 14,2026,11:01
Partly reflecting a jump in wholesale inventories, the Commerce Department released a report on Thursday showing U.S. business inventories increased by slightly more than expected in the month of March. The report said business inventories climbed by 0.9 percent in March after rising by 0.4 percent in February. Economists had expected business inventories to grow by 0.8 percent. .. read more..
U.S. Import Prices Jump 1.9% In April, Much More Than Expected
Thursday, May 14,2026,10:49
The Labor Department released a report on Thursday showing a substantial increase in import prices in the U.S. in the month of April. The report said import prices shot up by 1.9 percent in April after climbing by an upwardly revised 0.9 percent in March. Economists had expected import prices to jump by 1.0 percent. .. read more..
U.S. Retail Sales Growth Matches Estimates In April
Thursday, May 14,2026,10:36
A report released by the Commerce Department on Thursday showed retail sales in the U.S. increased in line with economist estimates in the month of April. The Commerce Department said retail sales climbed by 0.5 percent in April after jumping by a downwardly revised 1.6 percent in March. .. read more..
U.S. Jobless Claims Climb More Than Expected To 211,000
Thursday, May 14,2026,10:31
First-time claims for U.S. unemployment benefits rose by more than expected in the week ended May 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 211,000, an increase of 12,000 from the previous week's revised level of 199,000. Economists had expected jobless claims to rise to 205,000. .. read more..
US business inventories for March 0.9% versus 0.8% estimate.
Thursday, May 14,2026,10:01
Prior month 0.4% Total business inventories increased 0.9% in March to $2.710 trillion. Inventories were up 2.0% from a year earlier, but continued to trail the pace of sales growth. Combined distributive trade sales and manufacturers’ shipments totaled $2.059 trillion in March. Sales increased 2.1% from February 2026 The inventories-to-sales ratio declined to 1.32 in March from 1.38 in March 2025. The lower inventories-to-sales ratio suggests businesses are selling goods more efficiently, with demand remaining firm relative to inventory levels Sales were up 7.1% from March 2025, highlighting continued strength in business activity. The data are adjusted for seasonal and trading day diffe... .. read more..
US import prices +1.9% versus +1.0% estimate. Export prices up 3.3% versus 1....
Thursday, May 14,2026,08:40
The inflation scare is a being shown in the imported export price data for the month of April import prices for April +1.9% versus 1.0% estimate. Prior month revised higher to 0.9% from 0.8% previously reported. Export prices for April +3.3% versus 1.1% expected. Prior month revised lower to 1.5% from 1.6% previously reported Details from Import prices: U.S. import prices rose +1.9% in April after gains of +0.9% in March and +1.0% in February. Import prices year-over-year increased +4.2%, the largest annual gain since October 2022. Fuel import prices surged +16.3% in April after rising +10.0% in March. The monthly increase in fuel prices was the largest since March 2022 (+17.8%). Import p... .. read more..
U.S. Import Prices Jump Much More Than Expected In April
Thursday, May 14,2026,08:39
The Labor Department released a report on Thursday showing a substantial increase by import prices in the U.S. in the month of April. .. read more..
Irish Inflation Climbs To 27-month High
Thursday, May 14,2026,08:39
Ireland's consumer price inflation accelerated in April to the highest level in more than two years. The consumer price index climbed 3.7 percent year-over-year in April, slightly faster than March's increase of 3.6 percent. Moreover, this was the highest inflation rate since January 2024. Inflation based on housing and utilities accelerated to 8.1 percent from 7.2 percent. .. read more..
U.S. Retail Sales Increase In Line With Estimates In April
Thursday, May 14,2026,08:37
A report released by the Commerce Department on Thursday showed retail sales in the U.S. increased in line with economist estimates in the month of April. .. read more..
U.S. Weekly Jobless Claims Climb More Than Expected
Thursday, May 14,2026,08:34
First-time claims for U.S. unemployment benefits rose by more than expected in the week ended May 9th, according to a report released by the Labor Department on Thursday. .. read more..
US weekly initial jobless claims 211K vs 205K expected
Thursday, May 14,2026,08:31
Prior week 200K (revised to 199K) Initial jobless claims for the week ending May 9 Four-week moving average 203.75K vs 203.0K prior (revised from 203.25K) Continuing claims 1,782K vs 1,790K expected Prior continuing claims 1,766K (revised to 1,758K) Four-week moving average continuing claims 1,781K vs 1,787.75K prior (revised to 1,787.75K) Insured unemployment rate 1.2% vs 1.1% prior (revised down from 1.2%) Largest state increases in initial claims (NSA, week ending May 9): Florida (+2,395), Texas (+2,007), Kentucky (+1,744), Pennsylvania (+1,166), New York (+1,270) Largest state decreases: California (-872), Michigan (-701), New Hampshire (-625), Rhode Island (-189), Missouri (-151) Ini... .. read more..
Canada March wholesale trade +1.9% vs +1.4% expected
Thursday, May 14,2026,08:30
Prior was +2.0% (revised to +2.4%) Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 1.9% to $89.0 billion in March. Sales increased in five of the seven subsectors, representing 79.6% of total wholesale sales. The largest increase came from the machinery, equipment and supplies subsector. Wholesale sales were 3.3% higher in March than in the same month one year earlier. In volume terms, wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) increased 1.7% in March. Wholesale sales were 1.8% higher in the first quarter of 2026 compared with the first quarter of 2... .. read more..
US retail sales for April 0.5% vs 0.5% estimate
Thursday, May 14,2026,08:30
Prior month 1.7% revised lower to 1.6% Retail sales 0.5% vs 0.5% estimate Ex Auto 0.7% vs 0.6% estimate. Prior 1.9% Ex Gas and Auto 0.5% vs 0.6% last month. Prior month 0.7% revised higher from 0.6% Control group 0.5% versus 0.4% expected. Prior revised higher to 0.8% from 0.7%. The control group feeds into the US GDP YoY retail sales are up 4.9% up 0.5% from last month The data for retail sales coming off a strong month, remained strong this month. Note that the retail sales are NOT adjusted for inflation. So if prices are going higher - and they are - retail sales goes higher. We know prices are higher and seem to be accelerating. . What does the Retail Sales report measure? The Advance... .. read more..
investingLive European markets wrap: No hiccups from Trump-Xi meet up in Beijing
Thursday, May 14,2026,08:06
Headlines: China president Xi says mutual respect is key to stable US-China ties China purchases of soybeans are all taken care of, says Bessent Trump and Xi had a good meeting, says White House official USD/JPY flirts with a key upside breakout as yen's intervention-led gains continue to fade Nasdaq analysis today after Trump and Xi met ECB's Kazaks: Preserving anchored inflation expectations is the priority for ECB policy BOJ policymaker Masu warns that yen depreciation may raise inflation expectations Spain inflation eases a little in April but still much higher than before US-Iran conflict UK Q1 preliminary GDP +0.6% vs +0.6% q/q expected China new bank loans disappoint in April as sl... .. read more..
Spain Inflation Moderates As Estimated
Thursday, May 14,2026,07:20
Spain's consumer price inflation moderated in April, as initially estimated, revised data from the statistical office INE showed Thursday. .. read more..
U.K. Economic Growth Climbs To 0.6%
Thursday, May 14,2026,06:32
The U.K. economy grew at a stronger pace in the first quarter of the year ahead of the escalation of geopolitical tensions in the Middle East that triggered supply disruptions and a surge in crude oil price. Gross domestic product increased 0.6 percent sequentially, following the fourth quarter's 0.2 percent expansion, the Office for National Statistics said. .. read more..
China president Xi says mutual respect is key to stable US-China ties
Thursday, May 14,2026,06:29
We have China president Xi Jinping up first: Had in-depth exchange of views with US president Trump today We both believe US-China ties are the most important bilateral ties in the world US, China should become partners, not rivals Mutual respect is key to stable US-China ties Should jointly promote relations between the two countries along the right path Meanwhile, US president Trump says that: We had extremely positive and constructive discussions US-China relationship is one of the most consequential in world history More to come.. This article was written by Justin Low at investinglive.com. .. read more..
China purchases of soybeans are all taken care of, says Bessent
Thursday, May 14,2026,06:23
Discussed purchases, will talk about board of trade We are trying to balance trade out US has a stronger position because of our trade deficit with China Will also discuss board of investments, that will cover non-strategic and non-sensitive areas where China can invest Think we're going to see large Boeing orders Also talked about China buying more energy today Thinks China will do what it can on the Strait of Hormuz The reopening of the strait benefits China Believes that China will work behind the scenes to the best of their capabilities On the headline remark, we've been here one too many a time. It has been an issue for more than a decade already. Anyone can still remember the Phase ... .. read more..
Oil prices above $120 could push global economy into recession, warns IMF Chief
Thursday, May 14,2026,06:00
The global economy could enter a technical recession if oil prices remain elevated at $120 to $130 per barrel through 2027, International Monetary Fund Managing Director Kristalina Georgieva warned on Wednesday. Speaking at a conference in Poznan, Poland, Georgieva said sustained high oil prices at those levels could slow global economic growth to 2%, which ... .. read more..
EU economy greenhouse gas emissions: +0.9% in Q4 2025
Thursday, May 14,2026,06:00
The EU economy’s seasonally adjusted greenhouse gas emissions in the fourth quarter of 2025 were estimated at 839 million tonnes of CO2-equivalents (CO2-eq), a 0.9% increase compared with the third quarter of 2025 (832 million tonnes of CO2-eq). At the same time, the EU’s gross domestic product (GDP) increased by 0.2% in the fourth quarter ... .. read more..
China new bank loans disappoint in April as sluggish start to the year continues
Thursday, May 14,2026,05:31
New yuan loans for the month of April came in at -¥10 billion. Yes, that's another negative reading and one to follow up the supposed blip from July last year. Once is maybe a coincidence, but twice and it's starting to draw questions of whether there is an underlying problem with credit demand conditions. That means the year-to-date figure for total new bank lending this year is ¥8.59 trillion. It marks a notable drop from the roughly ¥10 billion figure from January to April last year. So, what does this mean? It is quite a disappointing number, all things considered. The recent focus and policy shift by Beijing has been to do anything in order to bolster domestic demand conditions. Cred... .. read more..
Trump and Xi had a good meeting, says White House official
Thursday, May 14,2026,04:31
The two sides discussed ways to enhance economic cooperation Also discussed expanding market access for US businesses into China and increasing Chinese investment Trump, Xi highlighted need to build on progress in ending fentanyl crisis Also talked about increasing Chinese purchases of US agricultural products Both sides agreed that Strait of Hormuz must remain open and that Iran can never have a nuclear weapon What is interesting so far is that the US camp is touching more on trade issues and a light sprinkle on the Iran situation mostly. However, the Chinese camp is mostly emphasising on Taiwan being a very important subject at this stage. The readout from the foreign ministry earlier s... .. read more..
Slovakia Inflation Rises To 3.9% In April
Thursday, May 14,2026,04:29
Slovakia's consumer price inflation accelerated for the first time in three months in April amid higher fuel prices. Consumer prices rose 3.9 percent annually in April, faster than the 3.5 percent increase in March. The upward trend in inflation was due to higher housing and energy prices and the sharpest rise in motor fuel prices in almost three-and-a-half years. .. read more..
Considers reducing taxes on bond investments by foreigners: Reports
Thursday, May 14,2026,04:14
India is reportedly considering a significant reduction in taxes for foreign investors on its bonds. This move, recommended by the Reserve Bank of India and seriously considered by the Finance Ministry, aims to align with global norms, attract inflows, and curb the rupee's depreciation. The rupee recently hit a record low against the U.S. dollar. .. read more..
RBI considers reducing taxes on bond investments by foreigners: Report
Thursday, May 14,2026,04:14
India is reportedly considering a significant reduction in taxes for foreign investors on its bonds. This move, recommended by the Reserve Bank of India and seriously considered by the Finance Ministry, aims to align with global norms, attract inflows, and curb the rupee's depreciation. The rupee recently hit a record low against the U.S. dollar. .. read more..
Poland GDP Growth Eases To 3.4% In Q1
Thursday, May 14,2026,04:04
The Polish economic growth moderated in the three months ending in March. Gross domestic product advanced an unadjusted 3.4 percent yearly in the first quarter, slower than the 4.1 percent fall in the final quarter of 2025. Compared to the previous quarter, GDP rose 0.5 percent in the March quarter versus a 1.0 percent growth in the December quarter. .. read more..
India Wholesale Price Inflation Surges To 8.3% In April
Thursday, May 14,2026,03:34
India's wholesale price inflation accelerated sharply in April due to higher costs for crude oil caused by the impact of the Middle East war. The wholesale price index climbed 8.30 percent year-over-year in April, much faster than the 3.88 percent rise in March. The annual price growth in fuel and power quickened significantly to 24.71 percent from 1.05 percent. .. read more..
Spain inflation eases a little in April but still much higher than before US-...
Thursday, May 14,2026,03:10
Even so, headline inflation increased further by 0.4% on the month with price pressures seen more widespread. Restaurants and accommodation services saw a 1.2% increase with clothing and footwear reflected a 6.0% jump in prices. Meanwhile, transportation prices saw a 0.9% jump. As for the annual estimate, it is all down to higher energy prices. Transportation prices surged by 6.5% compared to April last year, largely on the back of higher fuel and lubricant prices for personal vehicles. The only bright spot is that core annual inflation is seen easing a touch to 2.8% - down from 2.9% in March. But as the Middle East conflict drags on, expect inflation pressures to widen and spill over to ... .. read more..
UK Q1 GDP Growth Accelerates
Thursday, May 14,2026,02:43
The UK economy grew at a faster pace in the first quarter, driven by contribution from all three sectors, the Office for National Statistics said Thursday. .. read more..
What are the main events for today?
Thursday, May 14,2026,02:31
EUROPEAN SESSION In the European session, the main highlight was the UK GDP report. The data beat expectations almost across the board, with a solid performance in March. All in all, it shows that the UK economy was faring pretty well before the US-Iran war started. Looking ahead, we just get the Spanish Final CPI data which is not going to change anything for the ECB, so the market reaction will likely be muted. AMERICAN SESSION In the American session, we get the US Retail Sales and Jobless Claims data. The US Retail Sales M/M is expected at 0.5% vs 1.7% prior, while the Ex-Autos M/M figure is seen at 0.6% vs 1.9% prior. The more important Retail Control measure is expected at 0.4% vs 0... .. read more..
UK Q1 preliminary GDP +0.6% vs +0.6% q/q expected
Thursday, May 14,2026,02:00
Prior +0.1% GDP +1.1% vs +0.8% y/y expected Prior +1.0% That's a solid showing by the UK economy in the first quarter of the year, helped by a strong performance in March despite the challenges from rising energy prices. Services output was the biggest contributor, increasing by 0.8% in Q1 2026. That compares with the 0.2% growth in the same sector in Q4 2025. And even compared to the same quarter a year ago, services output was higher by 1.4%. Of note, non-consumer-facing services (business-facing services) grew by 0.7%, while consumer-facing services grew by 0.8%. Besides that, household consumption also showed a notable increase in the first quarter (+0.35%) which is a marked improveme... .. read more..
UK March monthly GDP +0.3% vs -0.2% m/m expected
Thursday, May 14,2026,02:00
Prior +0.5%; revised to +0.4% Services output +0.3% vs -0.1% m/m expected Prior +0.5% Industrial output -0.2% vs -0.3% m/m expected Prior +0.5%; revised to +0.3% Manufacturing output +1.2% vs 0.0% m/m expected Prior -0.1%; revised to -0.2% Construction output +1.5% vs -0.5% m/m expected Prior +1.0%; revised to +0.5% The UK economy braved the challenges from higher energy prices to post a strong performance in March. That largely came on the back of a better performance in the services sector, which also contributed 0.8% in terms of growth in the first quarter. Of note, there was a widespread increase in output across the majority of subsectors in terms of services output. The breakdown ca... .. read more..
European Economic News Preview: UK GDP, Industrial Output Data Due
Thursday, May 14,2026,01:35
Quarterly national accounts, industrial production and foreign trade reports from the UK are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK GDP, industrial output and external trade figures. The economy is forecast to grow 0.6 percent in the first quarter after rising 0.1 percent in the preceding .. read more..
Heads up: It is a holiday in some parts of Europe but markets will still be open
Thursday, May 14,2026,00:55
This will be in observance of Ascension Day and with it being on a Thursday, we could see many people take a "bridge" holiday on Friday into the weekend as well. The holiday here is not one that is observed in Spain or Italy though, with Assumption Day (in August) being the more important celebration. The post here is just a heads up that even with it being a holiday in some parts of the region, markets will remain opened and trading hours will continue as per usual. The Euronext (except Oslo), Xetra, and Frankfurt stock exchanges will continue to operate accordingly, albeit with likely lesser liquidity conditions. To those celebrating, I wish you all a good break today and a wonderful we... .. read more..
The show has begun in Beijing as Trump exchanges pleasantries with Xi
Thursday, May 14,2026,00:33
There's not much in it so far. US president Trump and China president Xi shook hands at the Great Hall of the People in Beijing before taking turns to meet with the respective delegations from each country. And all they did was exchange some light comments before making their opening remarks so far. As you would expect, Xi framed things in a way that stressed on the importance of US-China relations and stabilising ties between the two countries. In particular, he made reference to the Thucydides Trap moment. For the uninitiated, that's about the conflicting nature of a rising power that threatens to displace the supposed more established ruler in charge - making it a sort of destiny to be... .. read more..
investingLive Asia-Pacific FX news wrap: Nikkei225 & KOSPI (Japan, South Kore...
Wednesday, May 13,2026,23:37
Japan weighs supplementary budget to shield households from fuel price surge Xi is meeting with Trump, we should get some news in a few hours China's offshore yuan, CNH, trades to its strongest against the USD since February 2023 Chinese supertanker exits Strait of Hormuz after two months stranded in Gulf PBOC sets USD/ CNY reference rate for today at 6.8401 (vs. estimate at 6.7888) South Korean Fin Min says KRW volatility is excessive compared with economic fundamentals Japan FX intervention flips yen from undervalued to overvalued, StanChart says UBS and Morgan Stanley bullish on Chinese stocks amid AI and resilience story UK house prices fall at fastest pace since 2023 as Iran war hits... .. read more..
Japan weighs supplementary budget to shield households from fuel price surge
Wednesday, May 13,2026,22:53
Japan's government is considering a supplementary budget to ease household fuel costs ahead of summer, Kyodo reports, sending 30- and 40-year JGB yields higher on increased debt issuance fears. Summary: Japan's government is considering a supplementary budget aimed at reducing the burden of rising fuel costs on households ahead of the summer peak-demand season, according to Kyodo News, citing unnamed government sources The extra spending would support households facing elevated gasoline prices and utility bills during the hottest months of the year Yields on 30 and 40-year Japanese government bonds rose following the report as investors positioned for increased debt issuance Prime Ministe... .. read more..
Xi is meeting with Trump, we should get some news in a few hours
Wednesday, May 13,2026,22:15
We might get some news when they conclude, or perhaps we'll be kept waiting until tomorrow. We'll soon find out! In other events, Japan's government is considering extra budget, according to meida reports. Chief Cabinet Sec Kihara says no immediate need though. This article was written by Eamonn Sheridan at investinglive.com. .. read more..
Sebi proposes changes to municipal bond framework
Wednesday, May 13,2026,20:36
On Wednesday, the regulator has proposed allowing municipalities to explicitly raise bonds for refinancing existing debt, while mandating detailed disclosures on lenders, repayment schedules, interest costs and any past restructuring. It has also suggested capping the use of issue proceeds towards working capital requirements at 25% and said issue proceeds should not be used for general purposes. .. read more..
UK house prices fall at fastest pace since 2023 as Iran war hits sentiment
Wednesday, May 13,2026,19:09
The RICS UK house price balance fell to -34 in April from -25 in March, the weakest reading since November 2023, as Iran war fallout and rising mortgage rate expectations weighed on buyer sentiment. As an aside, eyes are on UK politics: UK Starmer: Has made clear to allies, he will stand & fight if Streeting triggers contest. But, some data to focus on due latet: Info via Reuters. Summary: The RICS headline house price net balance fell to -34 in April from a downwardly revised -25 in March, the weakest reading since November 2023 and well below the Reuters poll forecast of -26, according to the Royal Institution of Chartered Surveyors Gauges of new buyer enquiries and near-term price ... .. read more..
Japan Money Stock Data Due On Thursday
Wednesday, May 13,2026,18:03
Japan will on Thursday see M2 money stock numbers for April, highlighting a light day for Asia-Pacific economic activity. M2 is expected to rise 1.9 percent on year, easing from 2.0 percent in March. .. read more..
Rubio wants to China to come to the rescue in Iran war
Wednesday, May 13,2026,17:25
Secretary of State Marco Rubio is pressing China to use its leverage against Iran over Tehran's actions in the Persian Gulf. In a Fox interview Rubio said he hopes to convince China to play a more active role in trying to convince Iran to walk away from what they are doing in the Gulf. Trump is desperate to find a way out of the disaster. This article was written by Eamonn Sheridan at investinglive.com. .. read more..
investingLive Americas FX news wrap 13 May: PPI shocks markets, stocks recover
Wednesday, May 13,2026,17:07
The S&P and NASDAQ indices close at record levels. The Dow industrial average lags ECBs Lane:Monetary policy decisions will continue to be made on a meeting-by-meeting basis Kevin Warsh confirmed as the Fed Chair Minneapolis Fed Pres. Kashkari: Inflation is too high BOC Meeting Minutes: Sees future rate adjustments would likely be small. US treasury auctions off $25 billion of 30 year bonds at a high yield of 5.046% UK Starmer: Has made clear to allies, he will stand & fight if Streeting triggers contest. More from Fed's Collins:Strong productivity gains should help lessen inflationary pressure Feds Collins:It’s possible the Fed will need to hike rates to cool inflation pressures ... .. read more..
ICYMI - Euro area GDP weakest in 9 quarters, jobs slow, industry falls sharpe...
Wednesday, May 13,2026,17:01
Euro area Q1 GDP confirmed at 0.1%Q/Q, the joint-weakest in nine quarters, as industrial output posted its steepest quarterly fall in two years and employment growth slowed sharply. A very bleak day for data from Europe on Wednesday ICYMI. Summary: Q1 GDP was confirmed at 0.1%Q/Q , unchanged from the preliminary estimate, though the annual rate slipped to 0.8%Y/Y, the softest since Q2 2024, per the updated euro area release Germany contributed the most to the headline figure with 0.3%Q/Q growth, while Spain expanded 0.6%Q/Q and Italy grew for a third straight quarter at 0.2%Q/Q France failed to grow for the first time in five quarters, and Ireland contracted 2.0%Q/Q for a second consecuti... .. read more..
ECB’s Elderson urges euro area banks to prepare for AI cyber threats
Wednesday, May 13,2026,17:00
European Central Bank board member Frank Elderson on Wednesday called on euro area banks to swiftly prepare for potential cyber attacks involving Anthropic’s Mythos AI model or similar technologies. Elderson, who serves as Vice Chair of the ECB’s bank supervision arm, made the comments in an interview published by the ECB. He noted that euro ... .. read more..
Moody’s Cuts India’s 2026 GDP Growth Forecast to 6%
Wednesday, May 13,2026,17:00
Moody’s Ratings on Tuesday lowered its 2026 economic growth forecast for India to 6.0% from 6.8%, citing subdued private consumption, capital formation, and industrial activity amid higher energy prices. The forecast is lower than the Reserve Bank of India’s estimate, which projects GDP growth for FY2026/27 at 6.9%, with first-quarter growth expected at 6.8%. In ... .. read more..
Eurozone Employment Grows as Expected
Wednesday, May 13,2026,17:00
The number of employed persons in the Euro Area grew by 0.1% from the previous quarter to 176.412 million in the first quarter of 2026, slowing from the 0.2% increase in the earlier quarter and aligned with market expectations, according to a preliminary estimate. It was the bloc’s 20th consecutive quarter of employment growth, extending ... .. read more..