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Flash and prior are here:Japan preliminary May manufacturing PMI 50.5 (prior 49.6)more to come This article was written by...

Add this to the tax cuts being given to Australians from July 1 and the fiscal impulse is red hot.Australia's Fair Work Commission’s annual...

Japanese business capital expenditure for the January - March quarter of 2024:+6.8% y/yexpected +12.2%, prior +16.4%-4.2% q/qCompany Profits...

The flash reading for this is here:Australian May preliminary manufacturing PMI 49.6 (prior 49.6)more to come This article...

Bloomberg (gated) citing a note from analysts at Bank of America:the outperformance of value over growth stocks as market breadth improves c...

The offical May PMIs for China are here, manufacturing dropped back into contraction:China May 2024 Official Manufacturing PMI 49.5 (expecte...

Earthquake magnitude 5.9Intensity of 5 on Japan's 1-7 scaleJapan's Ishikawa PrefectureNo tsunami warning issuedmore to come...

Saudi energy minister comments after the OPEC+ meeting.Says we are waiting for interest rates to come down, bettertrajectory of global g...

As previously noted, it's a market holiday in New Zealand today. The focus for the data agenda is the second of China's manufacturing PMIs f...

The summary of the Sunday OPEC+ meeting is that:the cartel agreed to extend cuts of 3.66 million bpd by a year until the end of 2025 (were d...

As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online ... prices are liable to...

UPCOMING EVENTS:Monday: China Caixin Manufacturing PMI, Swiss Manufacturing PMI, Canada Manufacturing PMI, US ISM Manufacturing PM...

S&P cuts France credit rating to AA - from AA. They leave the Outlook stable. The downgrade is on deterioration of budgetary position.Says t...

Major indices rallied strongly into the close as month end flows erased earlier declines:Dow rose 574.84 points or 1.51% at 38686.31. The ga...

Next week two central banks meet and both are expected to cut rates. The Bank of Canada will announce their interest rate decision at 9:45 A...

In a earlier post, I talked to the key support being tested at the 38.2% retracement and 200 hour moving average near 5192. The price dipped...

A Cit/YouGov poll shows;1-year ahead UK inflation expectations fell to 3.1% in May. That was the lowest level since July 2021.Long-term infl...

U.S. Congress has extended an invitation to Israel PM Netanyahu to address a joint session of Congress.Meanwhile the US administration offic...

Pres. Biden has proposed a 3-phase plan for peace in the Middle East:Phase 1 complete cease-fire and withdrawal of Israeli forces from popul...

The AUDUSD moved up and down today and in the process fell to a cluster of technical levels including the 100 and 200-hour MAs, the 100 bar...

Weekly reviews rig count;Oil rig count 496 versus 497Gas 100 versus 99 last weekTotal rigs 600 versus $600 last weekCrude oil is trading dow...

The US stocks continued their decline with the S&P index now down -33.74 points at 5201.92. The low price extended to 5191.68, and in the p...

The EURUSD yesterday moved higher until it reached its 100 and 200-hour moving averages. Sellers leaned against that level and push the pric...

Major European indices are closing the day with mixed results:German DAX, -0.07%Frances, +0.18%UK FTSE 100 +0.57%Spain's Ibex, -0.14%Italy's...

The most recent Atlanta Fed GDPNow growth estimate for Q2 comes in at 2.7% down from 3.5% on May 24.In their own words:The GDPNow model esti...