Most Asian currencies consolidated against USD in the early morning session, with focus on coming central bank meetings and U.S. economic data. https://www.wsj.com/articles/most-asian-currencies-consolidate-central-banks-u-s-data-in-focus-0d341512
North Korea agreed to stop flying hundreds of balloons carrying trash and manure to South Korea, saying Sunday it launched the campaign to leave its neighbors to the south with “enough experience of how much unpleasant they feel.” The Associated Press reported that North Korea’s announcement came mere hours after South Korea said it would…
China accused the European Union of working to “suppress” Chinese companies and said Beijing will take action to safeguard its interests, as the bloc moves closer to imposing tariffs on Chinese electric vehicles. from Bloomberg Politics https://ift.tt/AMlrSqJ
Japanese stocks may rise on a weaker yen and as concerns ease about borrowing costs. https://www.wsj.com/articles/nikkei-may-rise-on-weaker-yen-easing-borrowing-cost-concerns-c1a16bd6
It was a quiet weekend at North American movie theaters, dominated once again by Sony’s “The Garfield Movie,” Warner Bros.’ “Furiosa: A Mad Max Saga” and a slew of holdovers. Flipping the script from their Memorial weekend openings, the animated orange cat crept ahead of the wasteland warrior in their second outing. ” The Garfield…
from Bloomberg Politics https://ift.tt/CdvcgYe
from Bloomberg Markets https://ift.tt/CdvcgYe
JGBs edged higher in the morning Tokyo session amid mild relief that the Bank of Japan kept its bond-buying amounts same for June as it did in previous months. https://www.wsj.com/articles/jgbs-edge-higher-amid-mild-relief-boj-kept-bond-buying-amounts-738569af
Rakuten Bank expects the Bank of Japan to hike rates again later this year after scrapping its negative interest rate policy in March, in a move that will likely boost profits for the Japanese online financial firm. In an exclusive interview, CEO Hiroyuki Nagai says the weak yen pressuring is likely to force the central…
Investors will also focus on India markets as exit polls suggested Prime Minister Narendra Modi was set for a rare third consecutive term in power. https://www.cnbc.com/2024/06/03/asia-markets-live-updates-china-caixin-pmi-india-elections-.html