Japan Exports (YoY) came in at 7.5% below forecasts (7.8%) in April

Japan Imports (YoY) registered at 15.1% above expectations (14.8%) in April

Japan Adjusted Merchandise Trade Balance down to ¥97.6B in April from previous ¥172.202B

Japan Merchandise Trade Balance Total came in at ¥481.7B, below expectations (¥520.7B) in April

Politics and Fed minutes to dominate this week – ANZ

Analysts at ANZ explained that this week the data calendar is relatively light, with the key releases being the PMIs of Europe and Japan, although politics dominate.  Key Quotes: "In recent months both these regions have been experiencing above-trend industrial momentum. In addition ...

GBP/USD a wobble over the weekend news

The pound started off soft on the open with a bearish gap that has since been filled. However, the weekend news is likely to be the key driver for the pound this week ahead of  UK GDP Q1. Firstly,  PM May is putting her foot down in hardline style negotiation tactics by announcin ...

United Kingdom Rightmove House Price Index (MoM) up to 1.2% in May from previous 1.1%

United Kingdom Rightmove House Price Index (YoY) rose from previous 2.2% to 3% in May

Economic wrap and today’s risk events – Westpac

Analysts at Westpac offered an economic wrap and today's risk events. Key Quotes: "No major data to report. There were two Fed speakers (both non-voters this year): Williams said the economy is doing well, both domestically and globally, and monetary policy is keepin ...

The week ahead: Q1 GDP second estimate in focus – Nomura

Analysts at Nomura explained that the minutes from the May FOMC meeting may give us an additional indication on the balance sheet adjustment specifics and how the FOMC assessed economic momentum in Q1.  Key Quotes: New home sales (Tuesday): New housing sales improved at a steady pace in Q1 ...

EM’s on a firm note – BBH

Analysts at Brown Brothers Harriman explained that the EM FX ended last week on a firm note, shrugging off political risk that consumed markets earlier in the week.   Key Quotes: "With US rates remaining low, the dollar remains under pressure against the majors, and so EM FX is likely t ...

Market wrap: broad based dollar weakness – Westpac

Analysts at Westpac offered a market wrap for the US session.   Key Quotes: "Global market sentiment: Broad-based US dollar weakness was the main theme among currencies, while risk sentiment was firm (S&P500 +0.7%, Brent crude oil +2.1%, copper +1.9%). Interest rates: U ...

South Korea Producer Price Index Growth (YoY) down to 4% in April from previous 4.2%