Japanese Finance Minister Katayama refrains from commenting on FX intervention and current FX levels, while she says volatility in oil markets remain and prepared to take appropriate action

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PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Hon Hai Precision Industry (2317 TT) announced a strategic partnership with French high-performance computing leader Bull to help expand Europe’s AI infrastructure

RBA's Harper says stronger than expected domestic demand and reemergence of capacity constraints have widened the output gap again and markets are now anticipating that the bank would have to address this

Japanese Finance Minister Katayama refrains from commenting on FX intervention and current FX levels, while she says volatility in oil markets remain and prepared to take appropriate action

Thai S&P Global Manufacturing PMI (May) 52.60 (Prev. 52.70)

Malaysian S&P Global Manufacturing PMI (May) 49.90 (Prev. 51.60)

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Says:

  • We have certain phrases on FX warning, and changing them will risk confusing markets.
  • Closely coordinating with the US on Forex, and both sides are closely monitoring markets.

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