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Monday, June 3, 2024

Asia Market Movers | Japan Economy Minister says real growth in the economy of 1.3% in FY 2025 not unrealistic

Japan Economy Minister says real growth in the economy of 1.3% in FY 2025 not unrealistic

Japan's Minister of State for Economic and Fiscal Policy Yoshitaka Shindo: Real economic growth of 1.3% in FY 2025 is not so unrealistic Will continue efforts for primary balance to reach within surpl... 

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BoJ Executive Director Kato: Bank has no plan to immediately unload its holdings of ETFs

Bank of Japan Executive Director Kato BoJ has no plan to immediately unload its ETF holdings Hope to spend time examining how to unload the Bank's ETF holdings in the future Buying ETFs was a key part... 

US ISM PMI data due Monday, the range of estimates (& why they're crucial to know)

The PMI from S&P is the warm-up, due at 9.45am US Eastern time. The ISM manufacturing PMI is of more focus, that's due at 10am. You can see the consensus median estimate for both in the screenshot... 

China has allocated 6.4bn yuan for vehicle trade-in subsidees

China's Ministry of Commerce stimulus effort, announcing plans to facilitate: trade-in programs for consumer goods aiming to increase second-hand vehicle transactions by 45% by 2027 will offer subsidi... 

China Caixin Manufacturing PMI for May 2024: 51.7 (expected 51.5, prior 51.4)

Much better than the National Bureau of Statistics (NBS) official manufacturing PMI released last week (see link below) From the report today, in brief: fourth consecutive month of accelerated growth... 

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Latest Forex Orders

FX option expiries for 31 May 10am New York cut

There is arguably just one to take note of, as highlighted in bold . I would thought that there'd be more but evidently, that is not to be the case this month-end. There are a host of expiries layered... 

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