Reply To: Traders Market Weekly: it’s a Mad, Mad World of Political Uncertainty


Singapore’s May trade surplus $4.563 bln (last surplus of $4.516 bln).
May non-oil exports -0.1% m/m (expected 1.7%; last 7.3%); -0.1% yr/yr (expected -0.9%; last -9.6%)

China’s Premier Li expressed hope for improved relations with Australia.
There was speculation that the People’s Bank of China will not make any changes to its loan prime rate this month.
China’s National Development and Reform Commission noted that demand for electric vehicles has continued growing at a fast pace.

Hong Kong’s exchange will stop imposing trading halts due to extreme weather.

The Reserve Bank of Australia left its cash rate at 4.35%, as expected.