US Fed’s Bullard: trade issues create economic uncertainty

St. Louis Federal Reserve head James Bullard spoke on BloombergTV earlier, delivering a measured warning about inflation expectations and trade difficulties. Bullard stated that trade talks are creating uncertainty for the US economy, and that it's difficult to see if much will change afte ...

Japan Capital Spending above forecasts (3.2%) in 1Q: Actual (3.4%)

AUD/JPY washes on Thursday, sticks close to familiar levels

Aussie trades in place against the Yen as markets brace for Friday's NFP. Market sentiment is in control, but lacking direction as traders process a heavy day. The AUD/JPY is trading flat ahead of Friday's Asia session, trading near 82.30. Markets went flat on Thursday, and the Aussi ...

South Korea Gross Domestic Product Growth (YoY) unchanged at 2.8% in 1Q

South Korea Consumer Price Index Growth registered at 0.1%, below expectations (0.2%) in May

South Korea Consumer Price Index Growth (YoY) came in at 1.5%, below expectations (1.6%) in May

South Korea Gross Domestic Product Growth (QoQ) dipped from previous 1.1% to 1% in 1Q

New Zealand Terms of Trade Index below expectations (-1.5%) in 1Q: Actual (-1.9%)

UK’s David Davis developing border solution for Ireland

As reported by the Sun, the UK's David Davis is developing a Brexit solution that would see the Ireland border debate resolved and put an end to the stalemate surrounding Brexit preparations. Under the radical blueprint, the province would operate a double hatted regime of European an ...

Australia AiG Performance of Mfg Index: 57.5 (May) vs previous 58.3

AUD/USD middles ahead of US NFP figures

Aussie loses its directional bias ahead of Friday's NFP. Market sentiment will be in the driver's seat for today. The AUD/USD wound up moving largely flat through Thursday, and the pair is trading quietly near 0.7570 heading through the overnight session rounding the corner into NF ...

GDP tracking update: raised Q2 real GDP estimate by 0.3pp – Nomura

Analysts at Nomura offered their GDP tracking update as follows. Key Quotes: "The increase in personal consumption expenditure in April was slightly stronger than expected." "Further, backward revisions suggest more momentum in personal spending growth in Q2. Thus, after rounding, w ...