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Japan May trade balance: surplus 6.9 bln yen vs consensus -221.9 bln; April surplus 395.7bln.

2026-07-08

Japan May trade balance: surplus 6.9 bln yen vs consensus -221.9 bln; April surplus 395.7bln.

Other News
2026-07-07

Capital Economics analyst Ariana Curtis said Canada's goods trade surplus widened to a four-year high in May, but the increase was entirely price-driven as export volumes were essentially unchanged. She said the only positive was a rise in May import

Capital Economics analyst Ariana Curtis said Canada's goods trade surplus widened to a four-year high in May, but the increase was entirely price-driven as export volumes were essentially unchanged. She said the only positive was a rise in May import volumes, signaling gradual improvement in domestic demand. Curtis added the trade data is consistent with the preliminary 0.1% MoM GDP estimate for May.
2026-07-07

2010 Nobel laureate Christopher Pissarides said AI is unlikely to return Western economies to the high productivity growth seen in prior decades. He warned up to 40% of jobs in the US and UK—notably care and hospitality—are likely to be largely unaff

2010 Nobel laureate Christopher Pissarides said AI is unlikely to return Western economies to the high productivity growth seen in prior decades. He warned up to 40% of jobs in the US and UK—notably care and hospitality—are likely to be largely unaffected by AI and said there is currently little evidence AI will materially raise productivity. Pissarides questioned claims by NVIDIA CEO Jensen Huang and OpenAI founder Altman about widespread employment disruption, while allowing AI could deliver some gains; he remains skeptical it will replicate the 1980s–1990s computer-driven surge. Weak performance in Western economies, Especially Europe, will make policy trade-offs more difficult.
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