Newsquawk Daily Economic Releases - 18th May 2026

This release covers significant economic data from China, including industrial production, unemployment rate, and retail sales for April, which can indicate the state of economic recovery in the region.

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China hopes US will take concrete actions to safeguard peace and stability across the Taiwan Strait, according to Xinhua citing a top diplomat

Canada announced amendment to existing maintenance and upgrade contracts, will be paying Lockheed Martin (LMT) an additional CAD 1.14bln

Newsquawk Daily Economic Releases - 18th May 2026

Venezuela pitches oil contract to initiate talks with drillers (details light)

Telecoms entrepreneur Riley and former backer Oakley are said to be plotting a GBP 1bln Gamma (GAMA LN) takeover, Sky reports

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  • 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
Context

Additionally, remarks from BoE officials may provide insights into the UK's monetary policy outlook and could impact GBP behavior. Traders should monitor these developments closely, as they influence risk sentiment and cross-asset correlations in both the Asian and European sessions.

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