South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Construction output in the UK is expected to have dropped in May. The construction PMI had hinted quite strongly that the nation’s construction sector has curbed output considerably and persistently from the turn of the year.
Even if the correlation between the official construction information and the PMI data is poor, both are showing a strong downwards trend in the construction sector. But the official output data are quite volatile.
In April, construction output had rebounding, growing 2.5 percent month-on-month following declines of 0.4 percent, 0.9 percent and 3.7 percent in the initial three months of 2016.
However, the data in May is expected to reverse the gains recorded in the previous month. Construction output is expected to have dropped 1.3 percent month-on-month in May, noted Societe Generale in a research report.
