Japan Tankan Large Manufacturing Outlook came in at 15, above expectations (14) in 2Q

Australia AiG Performance of Mfg Index: 55 vs 54.8

Japan Tankan Non – Manufacturing Outlook came in at 18, below expectations (20) in 2Q

Japan Tankan Large Manufacturing Index above forecasts (15) in 2Q: Actual (17)

Japan Tankan Large All Industry Capex came in at 8%, above expectations (7.4%) in 2Q

Japan Tankan Non – Manufacturing Index meets forecasts (23) in 2Q

RBA unlikely to deliver any major shifts in policy – Westpac

Matthew Hassan, Senior Economist at Westpac, notes that the RBA July policy meeting, due on July 4th, is unlikely to deliver any major changes in ts current policy stance. Key Quotes The July policy meeting is unlikely to deliver any major shifts in policy or rhetoric. August offers a bette ...

USD/JPY gaps down after Tokyo election results

USD/JPY has suffered a slight setback in the early hours of Monday trade, with the exchange rate reaching a session low of 112.10 from 112.42 NY close last Friday, before an attempt to recover its footing and fill the gap, last at 112.30.  Double-whammy for Yen crosses Th ...

Week ahead in Europe: UK PMI surveys, German factory orders eyed – Nomura

UK PMI surveys and German factory orders are in focus in the euro area this week, notes the Economics Team at Nomura.  Key Quotes UK PMI surveys (Mon, Tues, Weds): The fall in the services PMI was responsible for most of the almost 2-point decline in the composite index in May. Still, a ...

Week ahead in the US: Watch for FOMC minutes and NFP – Nomura

The Economics Team at Nomura takes a look at the events for the week ahead in the US, highlighting the FOMC minutes and the US Non-Farm Payrolls as the key data release to keep an eye on. Nomura suspects that although the pace of job creation may have moderated slightly, incoming data sugges ...

Normalization ideas weigh on the USD – BBH

Marc Chandler, Global Head of Currency Strategy at BBH, notes that the low vol environment seen in the first half of 2017 has been now disrupted by ideas that peak in monetary accommodation is past and that the gradual process of normalization is beginning.   Key Quotes Some investors ma ...

Israel stocks higher at close of trade; TA 35 up 0.06%

Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Oil&Gas, Real Estate and Financials sectors led shares higher. At the close in Tel Aviv, the TA 35 gained 0.06%. The best performers of the session on the TA 35 were Frutarom Industries Ltd (TA:FRUT), which ...

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.82%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Media&Publishing, Cement and Financial Services sectors led shares higher. At the close in Saudi Arabia, the Tadawul All Share gained 0.82% to hit a new 52-week high. The best performers of the session on ...

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