US Import Price Index climbed to 4.2% year-on-year in April, accelerating from 2.1% previously.
US retail sales grew 4.9% year-on-year in April, accelerating from March’s 4%, with no sector breakdown provided.
US retail sales control group rose 0.5% in April, easing from March’s 0.7% gain.
Canada’s wholesale sales climbed 1.9% in March, beating the 1.4% forecast and signaling stronger-than-expected growth.
April US retail sales excluding autos rose 0.7% month-on-month, beating forecasts of a 0.6% gain.
U.S. four-week average initial jobless claims edged up to 203.75K for week ending May 8, from 203.25K.
US jobless claims rose to 211,000 for week ending 8 May, above 205,000 forecast, signalling softer labour.
USD/JPY nears two-week high as strong US data lifts Dollar; BOJ hike expectations support Yen.
TD Securities warns oil’s calm may be brief; Brent could hit $150 if supply disruptions return.
Gold steadies near $4,700 as Trump-Xi talks and higher Fed rate expectations limit upside amid tensions.
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