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Tuesday, May 28, 2024

Asia Market Movers: ICYMI - Fed's Bowman & Mester, ECB's Schnabel, SNB's Jordan, & BOJ's HImino speaking soon

ICYMI - Fed's Bowman & Mester, ECB's Schnabel, SNB's Jordan, & BOJ's HImino speaking soon

The 2024 BOJ-IMES Conference continues today in Tokyo. The theme is "Price Dynamics and Monetary Policy Challenges -- Lessons Learned and Going Forward" At 0455 GMT / 0055 US Eastern time all the abov... 

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"Memorial Day Jet Fuel Demand Outshines Gasoline"

Bloomberg (gated) reported on Monday that: The number of travelers expected to fly this Memorial Day weekend may be the highest in nearly 20 years, according to the American Automobile Association. a... 

China's Foreign Ministry says the US should stop supporting Taiwan's independence forces

C hina's Foreign Ministry said on Tuesday that China and the United States held consultations on May 24 on maritime affairs. This is second round of consultations on this. China and US agreed to maint... 

USD losing ground in Asia trade

The US dollar has continued to lose some points during Asia trade after doing so in US trade on the Monday holiday. The dollar is down a little pretty much across the majors board. Apart from what has... 

Australian Retail Sales for April 2024 +0.1% m/m (expected +0.2%)

Australian Retail Sales for April 2024 +0.1% m/m expected +0.2%, prior -0.4% Consumer spending is still soft. Yes, it improved from the drop m/m in March but +0.1% given solid inflation and growth in... 

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FX option expiries for 27 May 10am New York cut

There is just one to take note of, as highlighted in bold . That being for USD/JPY at the 157.00 level. And the expiries should help to act alongside offers to keep a lid on price action in the sessio... 

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