Reply To: Traders Market Weekly: Political Uncertainty Rising Globally

#74752
Truman
Participant

China
China’s CPI deflated slightly in May (-0.1% m/m) while PPI (-1.4% yr/yr) was down on a yr/yr basis for the 20th month in a row.
May CPI -0.1% m/m (expected 0.0%; last 0.1%); 0.3% yr/yr (expected 0.4%; last 0.3%).
May PPI -1.4% yr/yr (expected -1.5%; last -2.5%)

Japan
PPI increased (2.4% yr/yr) at its fastest pace since mid-2023.
Japan’s Prime Minister Kishida said that momentum needs to be maintained for wage increases outside of annual spring wage talks.

The Minutes from Bank of Korea’s May meeting showed an agreement that conditions for easing policy are forming.