Japan Foreign bond investment down to ¥-717B in May 25 from previous ¥948.9B

Japan Industrial Production (MoM) registered at 0.3%, below expectations (1.2%) in April

Japan Industrial Production (YoY) below expectations (3.6%) in April: Actual (2.5%)

Japan Foreign investment in Japan stocks declined to ¥-380B in May 25 from previous ¥99.1B

Forex today: turnaround Wednesday, EUR/USD leads the way

Forex today was a turnaround on the back of the relief in European markets where political risk, for now, seems to be somewhat abated by the Italians seeking to stabilise the disarray. The PM-designate, Carlo Cottarelli, former IMF economist, selected after the failure of populist parties to ge ...

ADP’s estimate of May employment change was below our forecast – Nomura

Analysts at Nomura explained that the ADP reported a 178k increase in private employment during May, slightly below expectations (Nomura: 205k, Consensus: 190k).  Key Quotes: "The April estimate was revised down to 163k, from the previously reported 204k, consistent with th ...

US to impose steel tariffs on closest allies – Washington Post

As reported by the Washington Post, US President Donald Trump could be announcing as soon as Thursday plans to impose steel and aluminum tariffs on the US' closest allies, including Canada, Mexico, and the European Union. Citing unnamed sources, the Washington Post stated that the import ...

Italy dampens the prospects for ECB exit of QE  – AmpGFX

Analysts at AmpGFX explained that Individual country preliminary inflation data for May suggest that Eurozone headline and core measures will rebound more than expected. Key Quotes: " Without the political upheaval in Italy, the data might signal a clearer path to exiting QE and support ...

US Fed unveils rewrite of Volcker rule – Reuters

As reported by Reuters, The US Federal Reserve introduced a rewrite of the Volcker rule, a simplification of the measure introduced after the 2007 financial collapse that prevents banks from trading on their own accounts in an attempt to curb risk. Banks have long complained the rule meant to ba ...

South Korea Industrial Output (YoY) above expectations (-1.2%) in April: Actual (0.9%)

South Korea Industrial Output Growth above expectations (1%) in April: Actual (3.4%)

South Korea Service Sector Output fell from previous 0.4% to 0% in April

United Kingdom Gfk Consumer Confidence came in at -7, above forecasts (-8) in May

AUD/USD looking for 0.76 after catching a much-needed break

Aussie holding on the high side after climbing on Wednesday. Thursday sees the week's first, and only, data dump for the AUD, though the figures are low-tier in nature. The AUD/USD is trading into 0.7575 heading into the overnight session after a bullish Wednesday that saw the pair clim ...