Jibun Bank/Markit Manufacturing PMI (final) for May 53.0
The preliminary for Manufacturing PMI was 52.5 vs. the prior month’s 53.6 States of Emergency continue to weigh on Japan’s economy, but the declines are widespread. Elsewhere in Asia. Manufacturing…
Read More »Market Update – April 23 – Equities and Bitcoin Lower; USD Flat
Market News Today – US Equities down again (-0.92%), USD (91.20) & Yields (1.55%) flat, BTC tanks under $50k on Biden proposal to raise capital gains tax to 40%. ECB…
Read More »China’s President Xi to address forum on global risks, China solutions
President Xi Jinping to speak at the Boao Forum on Asia today Speech will cover risks and challenges facing the world, what solutions China can offer
Read More »Economic calendar due from Asia today, Friday 2 April 2021, is nearly empty
Its a holiday across much of Asia, including for me! So, I won’t be around too much but will pop in from time to time. 2350 GMT will bring data…
Read More »Copper outlook and its contrast with other assets
The USD posted fresh highs before receding, with the Dollar basket reversing yesterday’s gains. The Greenback’s softening was concomitant with a dip in US Treasury yields, which was seen as…
Read More »Bitcoin has hit $49,000 for a fresh high
Asia trade timezone taking the crypto to a new record.
Read More »Here’s a readout of what Biden and Merkel discussed on a Tuesday phone call
This is the White House ‘readout’ of the call. Biden is busy patching up relations with US allies. Meanwhile, EUR/USD is little changed in Asia morning trade.
Read More »Recap January 24: US Dollar collapsing – Hedge Funds investing in Bitcoin (Recap Ep107)
In this week’s recap, the global shares fell from record highs on Friday as new data reminded investors of the obstacles facing the economic recovery, slowing the rally provided by…
Read More »USD strength in Asia morning trade
The US dollar is higher, currencies lower pretty much across the board against it.
Read More »Asia market manufacturing PMIs all strong for December
Japan’s Dec PMI is here, best for nearly 2 years: Some of the other Asia markets results for December manufacturing PMIs:
Read More »