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Monthly Archives: May 2026

Australia Unemployment Miss at 4.5% Dampens RBA Hawkishness, Pressures Aussie Dollar

Written on May 21, 2026 at 6:17 am, by

Australia’s seasonally adjusted unemployment rose to 4.5% in April, above the 4.3% market forecast.

Japan services PMI slips to 50 in May, clouding Bank of Japan normalisation and yen outlook

Written on May 21, 2026 at 5:49 am, by

Japan’s Jibun Bank Services PMI slid to 50.0 in May, signaling stalled growth from April.

Japan’s May Jibun Bank Manufacturing PMI at 54.5 supports expansion, with limited market reaction

Written on May 21, 2026 at 5:47 am, by

Japan’s May Jibun Bank Manufacturing PMI came in at 54.5, meeting expectations and signaling expansion.

AUD/USD dips as Australian PMIs weaken and US dollar gains on Middle East tensions

Written on May 21, 2026 at 5:19 am, by

AUD/USD dipped to 0.7150 as weak Australia PMIs and Middle East tensions boosted safe-haven US Dollar demand.

Japan’s core machinery orders beat forecasts, bolstering capex outlook and fuelling BoJ hawkish bets

Written on May 21, 2026 at 5:17 am, by

Japan’s core machinery orders climbed 5.9% in March, beating expectations of 4.5% year on year.

Foreign net buying of Japanese equities slows to ¥949.6bn as Nikkei nears 40,000

Written on May 21, 2026 at 4:49 am, by

Foreign net buying of Japanese stocks fell to ¥949.6bn in week ending 15 May, down ¥487.9bn.

Japan import growth beats forecasts, stoking BoJ tightening talk and offering modest yen support

Written on May 21, 2026 at 4:47 am, by

Japan’s April imports surged 9.7% year on year, beating the 8.3% forecast by 1.4 points.

US-China Trade War Cools as China Keeps Russia Close

Written on May 21, 2026 at 4:26 am, by

China’s back-to-back diplomacy with Trump and Putin shows the US-China trade truce is a market pause, not a reset. Traders should watch yuan, China tech, energy flows and rare earths.

Japan posts ¥301.9bn April trade surplus, stoking yen bets and Bank of Japan tightening expectations

Written on May 21, 2026 at 4:19 am, by

Japan posted a ¥301.9B merchandise trade surplus in April, far above the expected ¥-29.7B deficit.

Japan’s April export surge fuels Nikkei optimism and bolsters bets on a firmer yen

Written on May 21, 2026 at 4:17 am, by

Japan’s April exports grew 14.8% year on year, surpassing the 9.3% forecast and beating expectations.

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