The Japanese yen was little changed at around 161.7 per dollar on Monday, remaining close to its weakest level since 1986 despite data showing retail sales rose 5.3% in May, the fastest pace since November 2023, supported largely by a government stimulus package that boosted consumer spending.A str…
The New Zealand dollar hovered near a seven-month low at around $0.564, weighed down by a broadly strong US dollar and growing concerns over the domestic growth outlook.Although the recent pullback in oil prices, following a US-Iran deal, has eased near-term inflation concerns, the broader economic…
The dollar index was little changed at around 101.3 on Monday after reaching a more than one-year high last week, as investors awaited the latest US monthly jobs report for fresh clues on labor market strength and the outlook for Federal Reserve policy.Fed Chair Kevin Warsh reiterated the central b…
Taiwan’s consumer confidence index rose to 65.05 in June 2026 from 62.08 in the previous month, recovering from its lowest level in more than three years as sentiment improved across all six core components.The strongest gain was recorded in stock investment prospects, which climbed to 29.9 from 22…
By Takaya YamaguchiJapan's government will aim to entrench annual real economic growth of more than 1%, according to the draft of its long-term economic blueprint that marks an ambitious target that would more than double the current pace.The draft of the basic policy framework for economic and fis…
China's commerce ministry on Monday added 20 Japanese entities to its export control list for dual-use items, preventing Chinese firms from selling to them without prior approval, citing Tokyo's ambitions for "remilitarisation."The 20 entities include Japan's Institute for Defence Studies, as well…
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Australia's APRA:
Australia's ACCC:
China's central bank on Monday debuted overnight reverse repo operations, offering 300 billion yuan ($44.13 billion) to financial institutions, according to an online statement.The People's Bank of China (PBOC) did not announce the borrowing cost for the overnight reverse repos.The PBOC also said i…
Gold prices slipped on Monday as renewed U.S.-Iran hostilities pushed oil prices higher, while expectations of U.S. Federal Reserve interest rate hikes further weighed on the metal.FUNDAMENTALS* Spot gold TVC:GOLD was down 0.5% at $4,067.99 per ounce, as of 0045 GMT. U.S. gold futures TVC:GOLD for…
Gold fell to around $4,050 an ounce on Monday, snapping a two-day rebound as renewed exchanges of attacks between the US and Iran over the Strait of Hormuz lifted oil prices and rekindled inflation concerns.The conflict escalated since Thursday, with Iran targeting a container ship, a vessel carryi…
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
Australia's central bank on Monday outlined what policy steps it would likely choose from should the country be hit by a financial or economic crisis that sends interest rates to near zero again, as happened during the COVID-19 pandemic.Outlining the new framework in a speech, Reserve Bank of Austr…
JAPAN MAY RETAIL SALES Y/Y RISE LED BY AUTOS, APPLIANCES, DEPARTMENT STORES, DRUGS/COSMETICS, FOOD/BEVERAGES
Retail sales in Japan increased 5.3% year-on-year in May 2026, accelerating from an upwardly revised 2.8% rise in the previous month and surpassing market expectations for a 3.2% gain.It was the strongest growth since November 2023, supported by government measures, including a stimulus package aim…
JAPAN METI MAINTAINS VIEW: RETAIL SALES ON GRADUAL UPTREND
JAPAN MAY RETAIL SALES +1.9% M/M (APR REVISED TO +2.1% FROM +1.3%); MEDIAN FORECAST +0.6% (RANGE: -2.3% TO +1.0%)
JAPAN MAY ANNUAL RETAIL SALES AT +5.3%, HIGHEST SINCE NOV 2023 WHEN IT WAS AT +5.4%
