Market-Moving Headlines.
US FX WRAP: Dollar strengthens on global risk-off mood
USD was firmer in response to a global rally in government bond yields as inflation concerns intensified. A longer duration of the conflict is being increasingly considered as we look to conclude another week of no progress towards a long-lasting resolution. Overall, the Trump-Xi...
READ STORYNewsquawk Daily Economic Releases - 18th May 2026
Holidays: Canadian Victoria Day Data: Chinese Industrial Production (Apr), Unemployment Rate (Apr), Retail Sales (Apr) Speakers: BoE's Greene, Mann Supply: Japan, the EU Earnings: Baidu, Ryanair
READ STORYNewsquawk Weekly Economic Calendar - 18th-22nd May 2026
Monday Holidays: Canadian Victoria Day Data: Chinese Industrial Production (Apr), Unemployment Rate (Apr), Retail Sales (Apr) Speakers: BoE's Greene, Mann Supply: Japan, the EU Earnings: Baidu, Ryanair Tuesday Data: Japanese GDP (Q1), UK Jobs Report (Mar/Apr), Average Earni...
READ STORYUS Capacity Utilization (Apr) 76.1% vs. Exp. 75.9% (Prev. 75.7%, Low. 75.3%, High. 76.2%)
US Industrial Production MoM (Apr) M/M 0.7% vs. Exp. 0.3% (Prev. -0.5%, Low. -0.5%, High. 0.6%)
US NY Empire State Manufacturing Index (May) 19.60 vs. Exp. 8.1 (Prev. 11.00)
Canadian Manufacturing Sales MoM Final (Mar) M/M 3.0% vs. Exp. 3.5% (Prev. 3.6%)
Canadian Housing Starts (Apr) 279.3K vs. Exp. 245K (Prev. 235.9K)
US BROKER MOVES: CHRW upgraded at Citi; AOS downgraded at JPM
UPGRADES Arista Networks (ANET) Upgraded to Outperform at Raymond James; PT USD 164 Aveanna Healthcare (AVAH) Upgraded to Overweight at Stephens; PT USD 11 BWX Technologies (BWXT) Upgraded to Buy at Deutsche Bank; PT USD 255 C.H. Robinson (CHRW) Upgraded to Buy at Citi; PT USD 19...
READ STORY[MARKET UPDATE] Brent falls USD 1.5/bbl, DXY pushed below 99.00 as Trump/Aragchi speak; Fixed income and Equities benefit
US President Trump said he spoke about Russia-Ukraine with Xi, and also spoke about Fentanyl
US President Trump says US has achieved a total military victory against Iran
US President Trump says he did not discuss tariffs with China
JPMorgan (JPM) April Master Trust Net Charge Off 1.68% (prev. 1.74% M/M)
EUROPEAN OPEN: MC FP to sell Marc Jacobs label; STLAM IM & Dongfeng to produce Jeeps in China; VOW3 GY labour leaders reject German plant closures; HSBA LN pauses planned USD 4bln private credit fund investment
EUROPEAN OPEN: European equities have started in the red, despite a positive lead from Wall Street, where the Dow topped 50k, and the S&P 500 closed above 7,500 for the first time, led by Tech, as the AI-rally continues. Overnight, EM stocks fell as rising oil prices and pre...
READ STORYUkrainian drones struck Russian oil refinery in Ryazan region, commander of Ukrainian drone forces says
US President Trump is about to depart Beijing aboard Air Force One
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