HALF OF ALL AMERICANS REPORT: THE FUN IN OUR LIVES IS GONE FOREVER, PER STUDYFINDS
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China fixed the yuan at its firmest midpoint level since Feb. 15, 2023.
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STUDENT LOAN DELINQUENCIES HIT RECORD $171.4 BILLION IN Q1 2026 — WORSE THAN 2019 PEAK!
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US DEBT CRISIS WORSENS: EMERGING MARKETS DUMP US TREASURIES AT RECORD SPEED — $86 BILLION GONE IN MARCH!
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RICHEST AMERICANS CONTROL NEARLY HALF OF ALL CONSUMER SPENDING FOR THE FIRST TIME EVER
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Washington expanded Iran sanctions by placing the Persian Gulf Strait Authority on the Treasury’s SDN list.
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Australia Private Capital Expenditure Q1: 6.5% (est 1.0%; prev 0.4%)
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The yuan began trading at 6.7781 against the dollar after closing at 6.7793 in the prior session.
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Australia Household Spending (M/M) Apr: -1.1% (est –0.5%; prev 1.6%)
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Bank of Korea said board member Ryoo Sang-dai opposed Thursday’s rate decision.
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U.S. TREASURY SANCTIONS “STRAIT OF HORMUZ AUTHORITY” IN LATEST MOVE TARGETING IRAN’S SHIPPING AND ENERGY NETWORKS.
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BOK reported that Chang Yong-sung dissented during Thursday’s monetary policy vote.
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Bank of Korea says policymakers must continue paying attention to sharp currency market fluctuations.
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Tasnim News Agency: No casualties from the US attack on a site in Bandar Abbas
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Bank of Korea says it will evaluate inflation pressures, economic improvement momentum, and risks to financial stability.
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Iranian Tasnim: The attack came after the Revolutionary Guard confronted a U.S. oil tanker that attempted to cross Hormuz
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Bank of Korea said the board will determine the timing of any future rate hikes, with two members seeing rates at 3.25% within six months.
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Tasnim Iranian Agency: U.S. forces attacked a site in Bandar Abbas
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Japan’s finance minister Katayama said the central bank should work in close coordination with the government.
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Katayama said the Bank of Japan’s legal framework calls for coordination with the government alongside safeguarding monetary policy independence.
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Katayama said he cannot provide further comment on the meeting between the prime minister and BOJ Governor Ueda.
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