Japanese S&P Global Composite PMI Flash (Apr) 52.40 vs. Exp. 51.4 (Prev. 53.0)

The Japanese S&P Global Composite PMI Flash for April came in at 52.40, exceeding expectations of 51.4 but slightly down from the previous reading of 53.0.

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Microsoft (MSFT) to commit USD 18bln to build AI capacity in Australia

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Japanese S&P Global Composite PMI Flash (Apr) 52.40 vs. Exp. 51.4 (Prev. 53.0)

New Zealand's Finance Minister says the Treasury projects inflation could reach 7.4% in 2025/26 under the worst case scenario

PBoC is expected to set USD/CNY mid-point at 6.8294 (prev. 6.8635)

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This suggests that while growth remains resilient, the slight deceleration could lead to cautious sentiment regarding future policy implications and economic outlook, particularly influencing the Yen and commodities like gold.

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