Reply To: Traders Market Weekly: When Logic Hits You in The Face


China’s May FDI 17.3% YTD (last 20.5%) o Japan’s April Industrial Production -1.5% m/m (last -1.3%) and Capacity Utilization 0.0% m/m (last -1.6%)
India’s May WPI Inflation 15.88% yr/yr (expected 15.10%; last 15.08%)
Australia’s May NAB Business Survey 16 (last 19) and NAB Business Confidence 6 (last 10)

The Bank of Japan offered to buy JPY100 bln worth of 10- to 25-yr JGBs and JPY50 bln worth of long duration JGBs in addition to its scheduled buying scheme.
Samsung warned that its factories in South Korea are dealing with disruptions due to the truckers’ strike.
China Securities Journal speculated that the People’s Bank of China has room to lower the reserve requirement ratio in the second half of the year.