Wrap Nth America

China's May data showed industrial output beating expectations at 4.5% but retail sales falling 0.6%, the first decline since the pandemic, as domestic demand and fixed asset investment deteriorated sharply.

BOJ set to hit 1% but vote split, bond taper pause and July signals are the real story The hike is the headline; the vote count, the taper and Uchida's tone are the market.

China data May 2026: Industrial output +4.5% y/y (expected +4.2%) Economic activity data for China, May 2026. Retail sales decline, the first since the pandemic

US oil reserve at 43-yr low! Traders eye price impact & supply risks. Will it boost energy stocks?

China house prices May 2026 -3.5% y/y (prior -3.5%) China's struggling housing sector continues to struggle

Gas dips under $4/gal as Strait of Hormuz deal boosts supply. Traders eye future price volatility.

Oil price path to the $60s pre-war levels could take years despite Hormuz deal, analysts