Trump tries again. US proposes 10% tariffs on 60 nations, forced-labour Section 301 probe
The US proposed tariffs of at least 10% on imports from around 60 countries under a Section 301 forced-labour probe, ...
Australia Q1 GDP slows to 0.3% as data centre imports drag on growth
Australia’s Q1 GDP rose 0.3% q/q and 2.5% y/y, both below forecasts, as a surge in data centre and fuel imports ...
China Services PMI, May 2026 54.4 (expect 52.3, prior 52.6) fastest expansion in 3 months
China’s services PMI rose to 54.4 in May from 52.6, the fastest expansion in three months, with new orders grow ...
Australia Q1 2026 GDP 0.3% q/q and 2.5% y/y.
Data for Australian economic growth in the January – March quarter of 2026.GDP 0.3% q/qexpected 0.5%, prior 0.8 ...
PBOC sets USD/ CNY mid-point today at 6.8184 (vs. estimate at 6.7673)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here.more to come
T ...
SpaceX targets $75bn IPO at $135 a share as Nasdaq roadshow nears
SpaceX plans to raise $75bn (Reuters cite an unnamed source) in its IPO by selling 555.6 million shares at $135 each, ...
Japan services PMI flatlines in May as war costs hit record high
Japan’s services PMI flatlined at 50.0 in May as business costs surged to a 43-month high on Middle East war di ...
Japan approves $19bn supplementary budget to offset Trump war Middle East inflation
Japan’s cabinet approved a ¥3.1 trillion supplementary budget funded by deficit bonds to subsidise fuel and uti ...
PBOC is expected to set the USD/CNY reference rate at 6.7673 – 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), ...
USD/JPY hits 160, Japan fin min jumps in with open mouth operations
Amid the chaos unfolding in the Middle East right nowChaos descending on Middle East – air attacks on Saudi Ara ...
US and partners intercept Iranian missiles and drones across Gulf
US and partner forces intercepted all Iranian ballistic missiles fired at Kuwait and Bahrain on June 2 and struck a m ...
Chaos descending on Middle East – air attacks on Saudi Arabia, Dubai now being reported
Kuwait, Bahrain, Iraq all attacked, now Saudi Arabia and Dubai.This is a dramatic escalation that takes the conflict ...