Japan Unemployment Rate in line with expectations (2.5%) in April

Japan Jobs/applicants ratio came in at 1.59 below forecasts (1.6) in April

China has a long way to go in shadow banking crackdown – Bloomberg

According to reporting by Bloomberg, China still has a long way to go before reaching the bottom on their $10 trillion shadow banking sector. Following headlines in the Chinese press that China may face a liquidity crunch in June or July, Chinese banks hungry for funding are continuing to fin ...

US economic outlook – Nomura

Analysts at Nomura explained that they believe the US late-cycle surge will continue through 2018, boosted especially by fiscal policy.  Key Quotes: "We anticipate four hikes from the FOMC in 2018 and inflation to gradually climb higher." "Economic activity: We expect the U ...

NZD/USD: confined to reasonably tight ranges – ANZ

Analysts at ANZ explained that the NZD/USD remains confined to reasonably tight ranges, which is a picture we don’t see changing today. Key Quotes: "With holidays in both the UK and US, it was a reasonably quiet session for kiwi overnight." "But even so, the NZD has been i ...

Crude oil WTI Technical Analysis: Consolidation phase after 10% decline

WTI tanked almost 10% in the last 4 sessions as it reached a weekly bullish trendline. The market is consolidating the strong sell-off of the last few days as the market is deliberating between more losses or a resumption of the bull trend of the last months. A move above $67.00-$67.30 a barre ...

South Korea Consumer Sentiment Index climbed from previous 107 to 108 in May

Peru stocks higher at close of trade; S&P Lima General up 0.05%

Investing.com – Peru stocks were higher after the close on Monday, as gains in the Services, Electricity and Non-Metal Minerals sectors led shares higher. At the close in Lima, the S&P Lima General gained 0.05%. The best performers of the session on the S&P Lima General were Minsur ...

South Korea Consumer Sentiment Index rose from previous 107 to 107.9 in May

Shell to restore production on Ram Powell Hub

According to Reuters, Shell has recently announced that it was returning workers to the eastern Gulf of Mexico and was planning to restore production on Ram Powell Hub after verifying that the platform was safe to operate again in the aftermath of storm Alberto. There was no apparen ...