Daily Economic Reports

Key Takeaways KOSPI tumbles: South Korea’s index plunged 3.5% — the worst performer in Asia — on steep losses in major chipmaking stocks. Chip exports not discussed: U.S. Trade Representative Jamieson Greer told Bloomberg that chip export controls weren’t part of Thursday’s U.S.-China talks. Decision left to Beijing: Greer said …

Japan is preparing to take a more flexible economic approach as rising global energy costs continue to put pressure on households and businesses, according to remarks from Japanese Finance Minister Satsuki Katayama, as Tokyo eyes consumer protection amid global volatility. The comments come at a time of heightened uncertainty across …

Nvidia Leads Market Gains After China Chip BreakthroughWall Street closed sharply higher on Thursday as investors welcomed positive developments from high-level talks between US President Donald Trump and Chinese President Xi Jinping in Beijing, while strong momentum in technology shares pushed major US indexes to new record highs. The rally …

Gold and silver prices moved lower on Thursday as investors reacted to stronger US economic data, rising inflation concerns, and renewed expectations that interest rates in the United States could remain elevated for longer.Gold slipped toward the $4,650 level after recently hovering near record highs above $4,700 per ounce. Silver …

US retail sales recorded another increase in April, partly driven by rising prices, signaling that inflationary pressures continue to weigh on consumers and the broader path of monetary policy. The latest gain follows similar growth in March, reinforcing expectations that consumer spending — the largest engine of the US economy …

The US Federal Reserve is undergoing a notable leadership transition following the resignation of Governor Stephen Miran. His departure comes at a critical moment as the central bank prepares for a change at the top, with a new chair set to be sworn in.The reshuffle is expected to reshape the …

The euro remained under pressure on Thursday as the US dollar continued its powerful rally following stronger-than-expected economic data from the United States. The EUR/USD pair slipped toward 1.1678, down around 0.30% on the day, after opening near 1.1710 and trading within a volatile range between 1.1670 and 1.1721. The …

Reopening High-Stakes Economic Talks in BeijingUS President Donald Trump’s arrival in Beijing on Thursday, May 14, 2026, reignited one of the most closely watched geopolitical and economic dialogues of the decade. Meeting Chinese President Xi Jinping amid surging oil prices, global inflation, and renewed tariff disputes, the summit has become …

The Japanese yen is under intense pressure, and the battle to stop its collapse is becoming increasingly expensive. As of May 14, 2026, the US dollar is trading near 158 yen after fluctuating sharply between 157.29 and 158.19 during volatile market activity. Behind those numbers lies a much larger story: …

Key Takeaways Modest monthly gain: U.S. retail sales rose 0.5% in April to $757.1 billion, matching market expectations. March revised down: The prior month’s reading was revised to 1.6% from the initial 1.7%. Strong annual growth: Retail sales were up 4.9% year-on-year in April. Three-month trend: Total sales for February …