INT
AI Seoul Summit promises modest collaboration
The AI Summit, jointly hosted by the South Korean and UK governments, began in Seoul today
InternationalThe gold price will continue to perform strongly
Gold reached a record high yesterday and the drivers remain in place for the rally to continue
InternationalImpact of rate moves on house prices varies widely
The housing market downturn has been softer than expected worldwide amid the marked rise in interest rates from 2022
InternationalChina property and consumer stimulus will work slowly
More property stimulus was annonuced; meanwhile retail sales slowed the most since 2022 but industrial output improved
ChinaSteady wage and price growth is in sight for Japan
Having raised rates for the first time in decades, the BoJ sees a modest wage-price spiral and further rate rises ahead
JapanUS services and shelter inflation will gradually ease
US headline inflation edged lower for the first time in three months and core inflation was the slowest this year
United StatesThe consumer will lead a very modest recovery in Japan
Japan’s GDP contracted in January-March with consumption, investment and net trade all declining
JapanEU and UK rules on financial trading will diverge
As risks rise, EU and UK legislation on derivatives trading and alternative investment funds is also expanding
International
