Irish AIB Manufacturing PMI (Apr) 54.9 (Prev. 53.7)

The AIB Manufacturing PMI for April came in at 54.9, up from the previous reading of 53.7, indicating a stronger expansion in the manufacturing sector.

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Japan's Top FX Diplomat Mimura will not comment on intervention speculation, reiterates being in close contact and shares understanding with the US

[MARKET UPDATE] ASX 200 +1.0%, Nikkei 225 +0.2%; US equity futures hold onto earlier gain, albeit modestly; DXY flat, USD/JPY returning above 157.00 following cooler-than-expected Tokyo CPI

Irish AIB Manufacturing PMI (Apr) 54.9 (Prev. 53.7)

South Korean Imports YoY (Apr) Y/Y 16.7% vs Exp. 13.1% (Prev. 13.2%)

South Korean Exports YoY (Apr) Y/Y 48.0% vs Exp. 44.9% (Prev. 48.3%)

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Context

This beat suggests improved sentiment and activity levels, which could have positive implications for economic growth and potentially influence European Central Bank policy decisions as they gauge recovery metrics across the EU.

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