Key US data previews – Nomura

Analysts at Nomura offered a preview of the forthcoming key US data today. Key Quotes: "ADP private employment: Consistent with our forecast for the May employment report from the BLS, we expect ADP to report a 205k gain in May private payroll employment (Consensus: 190k). Q1 GDP, secon ...

CIA: North Korea won’t denuclearize – NBC

As reported by NBC, a report by the CIA is warning that North Korea has no intention of denuclearizing their nation, casting a shadow over the upcoming US-North Korea summit, where President Trump has the express goal of convincing North Korea to eliminate its nuclear arsenal. A new U.S ...

Japan Retail Trade (YoY) above forecasts (1%) in April: Actual (1.6%)

Japan Large Retailer’s Sales registered at -0.8%, below expectations (-0.5%) in April

US to continue tariffs against China if demands aren’t met – Reuters

As reported by Reuters, the White House made a statement on Tuesday reminding China that they are still withholding tariffs on a targeted $50 billion of Chinese imports, and if China doesn't begin to address the US' accusations of intellectual property theft, they will impose thos ...

NZD/USD: remains capped below the key 21-D SMA

NZD/USD: is stabilising ahead of key support levels.  NZD/USD: RBNZ Financial Stability Report and key takeaways: NZD/USD is currently trading at 0.6894 having made a low of 0.6892 sliding from 0.6941 in yesterday's trade in Asia. Most of the damage was done in Europea ...

Asian Stocks Set to Drop Amid Italian Turmoil

Investing.com – Asian equities futures declined on Wednesday in Asia as political turmoil in Italy hurt investor’s risk appetite. Overnight, the S&P 500 lost 1.1% and the Dow Jones Industrial Average fell 1.6%, while the Nasdaq Composite slipped 0.5%. Investors fear another Italian ...

AUD/USD slumps into 0.75 as global markets recede on risk aversion

Aussie gives up trying to lift higher, touches back into the 0.7500 level. Thin readings today on the economic calendar leaves the pair exposed to further downside on market sentiment. The AUD/USD is trading in the red heading into the overnight session, testing around the 0.7500 handle. Ris ...

United Kingdom BRC Shop Price Index (YoY) down to -1.1% in May from previous -1%

Bitcoin Prices Rise; Six Japanese Companies Set to Launch Crypto Exchanges

Investing.com – Cryptocurrency prices gained on Wednesday, with Ethereum and Ripple jumping more than 7%. Reports that six Japanese companies are planning to launch cryptocurrency exchanges received some attention. Bitcoin was trading at $7,474.5 by 7:00PM ET (23:00 GMT) on the Bitfine ...

New Zealand Building Permits s.a. (MoM) dipped from previous 14.7% to -3.7% in April

Canada’s Trudeau: won’t sign a bad NAFTA deal

Canada's Prime Minister, Justin Trudeau, made statements today about the current state of NAFTA renegotiaions, reaffirming his dedication to a fair deal, as well as making a few points about the upcoming G7 meeting which takes place in Canada beginning on June 8th. PM Trudeau spoke today o ...