Australian May Retail Sales: % m/m
- expected +0.4% m/m
- prior +0.9% m/m
+9.6% y/y
- prior +10.4%
more to come
Australian May Retail Sales: % m/m
+9.6% y/y
more to come
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Iraq OPEC exit threat puts $50 oil in play as Gulf cartel frays
Reserve Bank of Australia (RBA) Governor Michele Bullock will be speaking over the weekend. Bullock will be at an event in Switzerland.
PBOC is expected to set the USD/CNY reference rate at 6.8015 – Reuters estimate PBOC CNY reference rate setting for the trading session ahead.
PLTR hits 52-week low, down 23% YTD despite AI boom. Wedbush sees oversold conditions.
Samsung Group is set to announce a 1,000 trillion won investment plan in South Korea on Monday while Seoul moves to extend fuel price caps until consumer prices stabilise.
Japan - Tokyo headline CPI 1.7% y/y (expected 1.7%, prior 1.4%). Core 1.6% (1.6%, 1.3%)
Chicago Fed's Goolsbee flagged a frozen US labour market and warned excessive forward guidance risks Fed credibility if events prevent delivery.
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