China car sales fall 22% in May as oil prices crush petrol demand
The data reinforces the structural shift underway in the world’s largest auto market, with high oil prices acce ...
PBOC sets USD/ CNY reference rate for today at 6.8147 (vs. estimate at 6.7809)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. more to come
This articl ...
Buy USD/JPY dips on yen intervention, market forces point higher, RBC says
The RBC call frames any intervention-driven yen bounce as a tactical entry point rather than a trend reversal, a fram ...
Japan economy minister flags rate rise risks as BOJ decision nears (
The remarks are carefully calibrated but carry a mild cautionary undertone toward further BOJ tightening. Kiuchi̵ ...
PBOC is expected to set the USD/CNY reference rate at 6.7809 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), ...
South Korea halts programme trade with Kospi jumping more than 5%
Five minute trading halt for South Korea Kospi futures as shares rocket higher. Japan’s Nikkei jumped too. Rebo ...
Preview: ECB to hike rates to 2.25% Thursday as oil inflation risk mounts. What’s next?
The 25 basis-point move is fully priced, so market reaction will turn almost entirely on the tone of the accompanying ...
UK retail sales surge in May with biggest annual rise since April 2025
The sharp rebound in both BRC and Barclays data will offer some near-term relief for UK consumer sentiment readings, ...
API oil chief warns US Strategic Petroleum Reserve nearing critical low
An on-the-record warning from the API chief about SPR operational thresholds will sharpen trader focus on inventory d ...
US May CPI forecasts from 15 investment bank analysts. Hot, hot, hot … FOMC sweating.
Wednesday’s CPI release is the most consequential data point ahead of the June 17 Fed decision, and a hot print ...
Trump says going to “win it over the next two weeks”. Usual lies and bluster?
Info via a Washington Post reporter:You probably don’t need me to tell you Trump has been spouting ‘over ...
OpenAI files confidential IPO prospectus, suspected September market debut
The filing sets up what could be the largest technology IPO on record, with public market pricing expected to test wh ...