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May 19, 2026
Euro traded at 1.1599 against USD at 9:00 AM PST
Spain's foreign trade deficit decreased in March from a year ago, as exports grew faster than imports. The trade deficit dropped to EUR 4.4 billion in March from EUR 5.5 billion in the corresponding month last year. In February, there was a shortfall of EUR 3.3 billion. Exports climbed 5.1% annually in March, and imports grew at a slower pace of 1.6%.
The country exported 31.2% more raw materials, while imports in the automotive sector expanded by 8.4% from last year. During the first quarter, the total trade deficit was 11.7 billion, up from EUR 15.1 billion in the corresponding period last year. Exports rose 0.7% annually, while imports dropped 2.5%. 05/19/2026 - 04:48:00 (RTTNews)
British Pound traded at 1.3390 against USD at 9:00 AM PST
The U.K. unemployment rate increased slightly in the three months to March. The jobless rate stood at 5.0% in the January to March period, up from 4.9% in the previous three-month period. In the corresponding period last year, the rate was 4.5%.
The number of unemployed people totaled 1.806 million compared to 1.780 million in the December to February period. Meanwhile, the employment level was 34.392 million versus 34.328 million in the previous three-month period.
The annual growth in employees' average earnings, excluding bonuses, in Great Britain was 3.4 in the January to March period, coming from 3.6% in the December to February period. Including bonuses, the wage growth accelerated to 4.1% from 3.9%. 05/19/2026 - 03:30:00 (RTTNews)
Hong Kong's unemployment rate remained steady in the three months ending in April. The unemployment rate came in at 3.7% in February to April, the same as in the January to March period.
Meanwhile, the underemployment rate decreased from 1.6% to 1.5%. The number of unemployed people was 139,200 compared to 136,600 in the January to March period. Total employment fell by around 7,700 to 3.648 million in the February to April period. 05/19/2026 - 05:22:00 (RTTNews)
This market update is prepared by Cathay Bank for informational purposes only and does not constitute any form of legal, tax or investment advice, nor should it be considered an assurance or guarantee of future exchange rate movements or trends. This information is provided without regard to the specific objectives, financial situations or needs of any recipient. Cathay Bank does not make any representations or warranties about the accuracy, completeness or adequacy of this market update.
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