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 ...
Australia services PMI slips to 48.7 as Middle East war hammers demand
Australia’s services PMI fell to 48.7 in May from 50.7, with new orders contracting at the fastest pace in two ...
New Zealand Q1 terms of trade fell, April building permits rose
New Zealand data Terms of Trade Index Q1 -2.0% q/q
expected -1.2%, prior 3.7%Export Prices Q1 -2.7% q/q
expec ...
China’s SAIC Motor to build first EU electric vehicle factory in Europe (Spain)
China’s SAIC Motor plans its first EU factory in Spain’s Galicia, with a 200 million euro initial investm ...
Kuwaiti reports that it is currently responding to “hostile missile and drone threats”
Hostilities continue in the Gulf.Incoming:reports of air raid sirens going off across KuwaitKuwaiti air defenses are ...
Reserve Bank of India likely sold US$12bn in gold to defend rupee amid oil shock
India’s RBI may have sold around $12bn in gold in the two weeks to May 22 to shore up foreign exchange reserves ...
Canada’s LeBlanc says trade talks with US unfrozen, more meetings ahead
Canada’s trade minister says US talks are unfrozen and a meeting with USTR Greer was positive, but warned the r ...