Japan 5-Year JGB Auction

Switzerland GDP Growth Rate QoQ Flash

Euro Area ECB Elderson Speech

Italy Balance of Trade

China’s 10-year government bond yield fell to around 1.75% on Monday, returning to its lowest level in nearly three weeks, despite a run of weaker-than-expected economic data. China’s housing market remained under strain, with new home prices across 70 major cities falling 3.5% yoy in April 2026, marking the steepest decline since May 2025. Fixed-asset investment also declined 1.6% annually in the January–April period, with the property sector continuing to be the main drag on overall investment activity. In the broader economy, industrial production moderated to 4.1% in April, marking the weakest growth since July 2023, as the Middle East conflict weighed on manufacturing and exports. Retail sales also slowed sharply, rising just 0.2% year-on-year, pointing to weak domestic consumption. On the labor front, China’s surveyed urban unemployment rate edged down to 5.2% in April from a more than one-year high of 5.4% in March, marking its lowest level since January.

China 10Y Yield Returns to 3-Week Low

The offshore yuan weakened to around 6.81 per dollar on Monday, extending losses from the previous week as a series of weak economic data weighed on sentiment. New home prices across 70 major cities fell 3.5% year-on-year in April 2026, marking the sharpest pace of decline since May 2025, as existing stimulus efforts have yet to restore meaningful momentum in housing demand. Moreover, industrial output moderated to 4.1% year-on-year in April, marking the weakest expansion since July 2023, as disruptions linked to the Iran conflict weighed on manufacturing activity and export-oriented output. Retail sales growth also lost momentum, increasing just 0.2% year-on-year, the weakest performance since December 2022, highlighting subdued domestic consumption. On the labor front, China’s surveyed urban unemployment rate edged down to 5.2% in April from a more than one-year high of 5.4% in March, slightly better than market expectations and the lowest level since January.

Offshore Yuan Extends Fall on Weak Data

Japan’s 10-year government bond yield climbed toward 2.8% on Monday, reaching a fresh 29-year high as surging oil prices linked to the Iran conflict intensified inflation concerns and strengthened expectations for a near-term rate hike by the Bank of Japan. In the latest developments, President Trump warned Iran to “get moving” or face consequences after leaving China without securing major trade breakthroughs or meaningful progress toward ending the conflict and reopening Hormuz. Adding to hawkish expectations, BOJ board member Kazuyuki Masu last week called for rates to be raised as soon as possible, citing increasingly persistent inflation risks stemming from the war. The sharp depreciation of the yen has also increased pressure on the central bank to tighten policy in an effort to contain rising inflationary pressures. Investors are now turning their attention to upcoming GDP, trade, and inflation data releases this week for further clues on the strength of the Japanese economy.

Japan 10Y Yield Scales Fresh 29-Year High

Thailand’s GDP advanced 2.5% year-on-year in Q1 2026, accelerating from 2.5% in Q4 and surpassing market forecasts of 2.2%. It marked the strongest growth since Q3 2025, mainly driven by faster increases in government spending (3.4% vs 1.3% in Q4 2025) and fixed investment (9.9% vs 8.1%). On the trade front, both exports (12.6% vs 5.6%) and imports (21.1% vs 9.5%) accelerated sharply. Meanwhile, private consumption growth eased slightly (3.2% vs 3.3%).

Trending Symbols And Events

Most latest news, events and ideas for smart decisions

Latest News