Reply To: Traders Market Weekly: Political Uncertainty Rising Globally


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%)

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.