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Monday, June 23, 2025

Asia Market Movers | Recapping Japan flash PMI - points to modest improvement, but business caution lingers

Recapping Japan flash PMI - points to modest improvement, but business caution lingers

The data is here from earlier, muuch improved from May: Japan Jibun bank PMI manufacturing June 2025 preliminary 50.4 (prior 49.4) Recap of the report I didn't get a chance to look at earlier. In brie... 

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Democratic Republic of Congo extended ban on cobalt exports by three months - prices jump

The Democratic Republic of Congo—currently the world's largest cobalt producer—has extended its temporary ban on cobalt exports by three months, now effective through September 2025 This follows the i... 

Fitch Ratings say Australian mortgage arrears showed sharper than usual rise

Fitch Ratings reports a sharper-than-usual seasonal rise in Australian mortgage arrears in the first quarter of 2025, driven by ongoing cost-of-living pressures and high interest rates. Conforming mor... 

Trump to meet with national security team 1pm US Eastern time on Monday

Trump to meet with his national security team at 1pm US Eastern time on Monday to discuss the results of the attack on Iran Meanwhile, Trump is back 'tweeting' Earlier: BREAKING: U.S. Successfully Str... 

Japan's PM Ishiba will be holding a 9pm Tokyo time press conference

Its being billed as the Prime Minister to express views on House of Councillors election. I wonder if he'll have something to say on trade issues? Kyoda with the report. I had this a week ago or so: J... 

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Latest Forex Orders

FX option expiries for 20 June 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . Again, they are for EUR/USD but this time at the 1.1500 and 1.1520 levels. The dollar is a little on the weaker side today and t... 

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