Australian private capital expenditure surged 6.5% in Q1, driven by data centre equipment investment, while April household spending fell 1.1%, more than double the expected decline.
The Bank of Korea held its benchmark rate at 2.50% but two board members dissented in favour of an immediate hike, and the dot plot showed 10 of 21 projections at 3.00% within six months.
Japanese government bond yields rose Thursday after reports the ruling LDP plans to issue bridging bonds to fund investment, reviving fiscal concerns alongside growing speculation of a BOJ rate hike in June.
ZS plunges 31% on cautious outlook despite strong NRR; analysts cut targets but stay bullish.
The US and Iran have offered directly contradictory accounts of a Hormuz confrontation, with Washington describing Iranian drone attacks and Iran saying it stopped a US tanker running without radar.
PBOC sets USD/ CNY reference rate for today at 6.8240 (vs. estimate at 6.7861)
Warsh's Fed statement rocks Wall Street. Treasury yields mixed amid bond volatility. Is Powell's shadow a threat?
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