Economic indicators reveal Australians are less mobile and more risk-averse, with job-switching at a 7.7% low. Factors include high housing costs, increased benefits of traditional employment, and regulations stifling innovation.
South Korea's economic calendar for May 25-29 features key policy meetings and indicator releases. The Bank of Korea's Monetary Policy Committee will decide on the base interest rate amid inflation concerns. Other releases include GDP growth, household income/expenditure, industrial activity, and population trends.
India faces significant economic challenges due to elevated commodity prices, foreign investor sell-offs, and import pressures, leading to a depreciating rupee. Chief Economic Advisor V. Anantha Nageswaran describes the situation as a "live balance of payments stress test."
Russian President Vladimir Putin will hold a meeting on economic issues, focusing on macroeconomic indicators, particularly the anticipated rise in Russian wages due to labor shortages.
The SEC extended its review period for ETFs that would have tracked prediction market odds on political races and economic indicators.
