Burke
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Indonesian Retail Sales Growth Remains Strong
Indonesia's retail sales grew for the tenth successive month in March, though at a slower pace compared to February, preliminary data from the Bank Indonesia showed on Wednesday. Retail sales rose 3.5 percent year-on-year in March, following a 6.4 percent surge a month ago. The overall annual growth
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UK Unemployment Rate Rises
The UK unemployment rate rose in three months to February, data from the Office for National Statistics showed on Tuesday. The ILO jobless rate rose to 4.2 percent from 3.9 percent in three months to January. The rate was seen at 4.0 percent. In March, payrolled employment declined by 18,000 on mont
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Corporate Earnings, Geopolitics Dictate Market Sentiment
The onset of the earnings season as well as the escalation in geopolitical tensions in the Middle East are the major themes that are swaying market sentiment now. Fears of interest rates in the U.S. remaining high for longer than expected also lingers. The CME FedWatch tool that tracks the expectati
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Asian Shares Retreat Amid Iran-Israel Conflict
Asian stocks retreated on Monday as Iran's drone attack against Israel sparked worries about inflation and the outlook for interest rates. Risk appetite weakened, while the dollar held firm and gold prices surged amid speculation over whether Israel will retaliate against Iran's unprecedented drone
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