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New Zealand’s Retail Sales climb 0.9% QoQ in Q1 vs. 0.5% expected
New Zealand’s Retail Sales, a measure of the country’s consumer spending, climbed 0.9% QoQ in the first quarter (Q1) of 2026, compared to 0.9% in the previous reading, according to the official data published by Statistics New Zealand on Monday.
Fxstreet
Thu, May 21
South Korea: Flows pressure KRW and tech theme – BNY
BNY’s Geoff Yu highlights that South Korean equities, especially AI and semiconductor names, face tightening financial conditions even as the KOSPI remains a top global performer. iFlow shows heavy institutional selling and extended outflows, which could now weigh on the Korean Won.Fxstreet
Thu, May 21
Fed’s Barkin eschews forward monetary guidance
Bank of Richmond Federal Reserve (Fed) President Thomas Barkin said on Thursday that he doesn't think it's the right time for offering strong forward guidance in light of uncertainty surrounding inflation, US employment, and the long-term impact of artificial intelligence (AI) on the labor market.Fxstreet
Thu, May 21
Euro area: Weak PMI growth signals and ECB dilemma – Commerzbank
Commerzbank’s Dr. Vincent Stamer notes that the Euro area composite PMI fell further into contraction territory in May, suggesting a weak second quarter for the economy. Both manufacturing and services sentiment deteriorated, with services notably weaker.Fxstreet
Thu, May 21
Current policy is in a good place to respond to ongoing shocks': Fed’s Barkin projects confidence
Bank of Richmond Federal Reserve (Fed) President Thomas Barkin said on Thursday that "current monetary policy is in a good place to respond to ongoing shocks." Speaking about the US economic outlook and monetary policy, Barkin added that future rate decisions will depend on how businesses and consum
Fxstreet
Thu, May 21
Breaking: US–Iran deal reportedly finalised, announcement expected within hours
Iranian media reports, citing Al-Arabiya, suggest that the final draft of a US–Iran agreement has reportedly been completed with Pakistani mediation, with an official announcement potentially coming within hours.Fxstreet
Thu, May 21
British Pound: Political volatility and fiscal clarity – ABN AMRO
ABN AMRO’s Georgette Boele notes that Sterling has weakened alongside the Euro versus the US Dollar, with energy prices a key driver. She argues UK political uncertainty could temporarily lift volatility in Sterling and gilts, but expects this phase to be short-lived.
Fxstreet
Thu, May 21
Al Jazeera reporter says reports about Iran's nuclear material order are false
An X post from Al Jazeera reporter Ali Hashem hit newswires with statements from an unnamed source that earlier reports of an Iranian decree limiting the removal of high-grade nuclear material are false.Fxstreet
Thu, May 21
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