Fed's Barr (voter) says we are not in recession but there's been little job creation, while he hasn't decided on what to do at the June FOMC meeting

Barr's comments underscore a nuanced view: he acknowledges the absence of a recession but highlights stagnant job creation, suggesting cautiousness among Fed members as they approach the June meeting.

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Japanese PPI YoY (Apr) Y/Y 4.9% vs. Exp. 3% (Prev. 2.6%)

PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCKS NEWS: Honda Motor (7267 JT) is to suspend a CAD 15bln electric-vehicle manufacturing plant planned for Ontario, Samsung Heavy Industries (010140 KS) secured a KRW 750.5bln order for two LNG carriers

Fed's Barr (voter) says we are not in recession but there's been little job creation, while he hasn't decided on what to do at the June FOMC meeting

Japanese PM Takaichi will hold a phone call with US President Trump on Friday, according to Nikkei

Australian Resources Minister says exporters assured the government that they will supply enough gas to meet demand throughout the third quarter, while the country will not impose gas export curbs on the east coast market

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This may indicate a more dovish stance, potentially reinforcing existing market expectations regarding interest rate decisions, and can have implications for USD performance and broader fixed income sentiment.

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