Japan Merchandise Trade Balance Total above forecasts (¥405.6B) in April: Actual (¥626B)

Japan Adjusted Merchandise Trade Balance came in at ¥550B, above forecasts (¥-37.1B) in April

The week ahead data preview: eyes on FOMC minutes – Nomura

Analysts at Nomura explained their outlook for the week's key events coming up. Key Quotes: United States | Data preview We expect a steady increase in durable goods orders excluding transportation, while the May FOMC minutes could provide clues for the H2 2018 rates outlook. New home sale ...

Japan Exports (YoY) came in at 7.8% below forecasts (8.1%) in April

Japan Imports (YoY) came in at 5.9%, below expectations (9.6%) in April

A light US trading session to end the week – ANZ

Analysts at ANZ explained that uncertainty around the outcome of trade talks between the US and China contributed to a light US trading session to end the week.  Key Quotes: "The S&P 500 fell 0.3%, with financials, energy and technology stocks underperforming. The latter was dragge ...

NZD/JPY drops towards 76.50 as early week spike fades quickly

Kiwi falls back as Monday's bullish start washes out early. NZ Retai lSales couldn't provide support for Kiwi bulls as data slumps. The NZD/JPY is falling back after the week's opening bids, and the pair is backing into 76.50 as the week's early jump washes out as data fo ...

US’ Mnuchin, Lighthizer deliver conflicting messages on China – WSJ

As reported by The Wall Street Journal, this weekend saw mixed messages from the US Treasury Secretary Steven Mnuchin and the US Trade Representative Robert Lighthizer regarding the US-China trade standoff. Key quotes "Treasury Secretary Steven Mnuchin said Sunday morning that the Trum ...

AUD/USD: bullish pop on trade war headlines, eyes on 0.76 handle

AUD/USD: lifted by trade wars on hold headlines, proxy to positive China news. AUD/USD: the technicals are mixed, longer-term bullish. AUD/USD is currently trading at 0.7525 with a low of 0.7517 and a high if 0.7526. There was an opening bullish gap on the trade war relief where the US an ...

NZD/USD back into 0.69 as Retail Sales disappoint Kiwi traders

Kiwi chips higher on trade hopes, but waivers as Retail Sales slump. Asia markets come out of the weekend getting mixed signals from the US-China trade conflict. The NZD/USD lifted to kick off the week's trading, but is falling away again, testing into the 69.00 major level. Asi ...

United Kingdom Rightmove House Price Index (MoM): 0.8% (May) vs 0.4%

United Kingdom Rightmove House Price Index (YoY) declined to 1.1% in May from previous 1.6%

New Zealand Retail Sales (QoQ): 0.1% (1Q) vs previous 1.7%

New Zealand Visitor Arrivals (YoY) dipped from previous 13% to -9% in April

New Zealand Retail Sales ex Autos (QoQ) declined to 0.6% in 1Q from previous 1.8%