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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...
Fed policymakers on the radar, as US PCE inflation looms
Federal Reserve (Fed) policymakers are set to make their scheduled appearances on Tuesday, as full markets return, anticipating the release of the high-impact...
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...
NZD/USD extends its upside above 0.6150, China’s property support measures boost Kiwi
The NZD/USD pair extends the rally near 0.6165 on Tuesday during the early Asian session.
China’s Shanghai city announces measures to prop up property market
Taking the lead from similar support measures in other cities, China’s Shanghai city announced several measures to inject life into its beleaguered property...
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...
PBOC sets USD/CNY reference rate at 7.1101 vs. 7.1091 previous
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1101, as against the...
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...
Australia’s Retail Sales rise 0.1% MoM in April vs. 0.2% expected
Australia’s Retail Sales, a measure of the country’s consumer spending, rose 0.1% MoM in April from the previous reading of a 0.4% decline,...
Australia Retail Sales s.a. (MoM) below expectations (0.2%) in April: Actual (0.1%)
Australia Retail Sales s.a. (MoM) below expectations (0.2%) in April: Actual (0.1%)