Data
Slovenia’s retail sales up 1.8% y/y in May
Increase driven by strong growth in automotive fuel sales, while food sales continued to decline.
Number of jailed main opposition mayors in Turkey reaches 31
Ruling party AKP has taken over 27 municipalities that were won by CHP in elections.
Philippine banks face rising credit risks
Philippine banks are likely to face higher credit losses and weaker profitability as economic headwinds intensify.
Poll shows majority of Serbians think country is on wrong track
The findings published as President Aleksandar Vucic faces persistant of anti-government protests and growing scrutiny over the state of Serbia's democratic institutions ahead of possible early elections later this year.
Garanti BBVA CEO sees Turkish rate cut in July, albeit small
Goldman Sachs anticipates no easing throughout remainder of year given inflation expectations.
Iran's economy contracts 0.7% in year to March on construction, drought
Iran's economy contracted 0.7% in the year to March, preliminary Central Bank of Iran estimates show, as construction fell 15.8% and agriculture 4.2%, with only the oil sector and services posting growth.
Bulgaria records EU’s sharpest fuel price rise in May
Fuel prices rose in all EU member states, with the steepest increases recorded in Bulgaria, Luxembourg, Lithuania and Romania.
Serbia property market value jumps 14% to record €2bn in Q1
The figure is the highest value for a first quarter since the Real Estate Price Register was established.
Polish retail sales ease growth to 3% y/y in May
Middle East conflict and slower real income growth are limiting consumption growth, ING analysts said.
Strategists project Singapore dollar to surge to SGD1.26 against US dollar
While Western central banks rely on adjusting benchmark interest rates to cool down hot domestic economies, the Monetary Authority of Singapore utilises the nominal effective exchange rate as its primary policy tool.
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Czech regulator hikes rates by 0.25bp to 3.75% in first monetary change in 13 months
The Czech National Bank changed the main interest rate for the first time since May 2025.
Pro-EU sentiment remains strong across Eastern Partnership countries, but divides widen
Public support for European Union membership remains robust across much of the EU’s eastern neighbourhood, with Ukraine, Georgia and Moldova showing particularly high levels of trust and optimism.
Foreign visitor arrivals to Japan down by 3.6% in May
Tourism from China fell for a sixth straight month, dropping 60.4% year on year to 313,000. The decline followed remarks last November by Japanese Prime Minister Sanae Takaichi regarding Japan’s potential involvement in a Taiwan-related contingency
Malaysia's ringgit under pressure as Fed outlook, Middle East diplomacy unsettle markets
This local depreciation is not an isolated event, as the Malaysian currency has traded lower against a comprehensive basket of major global and regional peers.
Vietnam swings to $13.8bn trade deficit as imports soar
The shift was driven by elevated global crude oil prices. Vietnam remains reliant on imported crude to supply its refineries, leaving it exposed to fluctuations in international energy markets.
Uzbekistan FDI on the rise
Uzbekistan has emerged as one of the developing world's most compelling investment stories, pulling in a record $43.1bn in FDI and loans in 2025 — up sharply from $31.9bn in 2024 and $19.5bn in 2023.
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Slovak inflation slows down slightly to 3.8% in May
Inflation falls from 3.9% registered in April amid rising fuel prices in connection with the war in the Middle East.
Turkey's risk premium tumbles to four-month low on US-Iran breakthrough
With the accompanying fall in oil prices, a revival of the country's rate-cutting cycle has re-emerged as a possibility.
Moldova’s GDP growth eases to 0.4% y/y in Q1 on softer domestic demand
Growth is expected to decelerate to 2% in 2026, as the conflict in the Middle East and spillovers from Russia’s attacks on Ukrainian energy infrastructure weigh on activity.
Oil export price beats Azerbaijan's 2026 budget plan by 22% in Q1
Azerbaijan's crude oil exports fetched an average of $79.5 a barrel in the first quarter of 2026, well above the $65 a barrel assumed in the state budget.