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
Lebanese MP cited by Press TV notes that Hezbollah rejects partial ceasefire and insists on a comprehensive halt to Israeli aggression
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)
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Says:
- Persistent inflation is a genuine concern.
- Market measures of inflation have gone up, which is a worry.
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