Chinese state media outlet Global Times cites positive developments helping drive industrial profits in April: +3.0% year-on-year in April, 0.4 percentage points faster than in …
China April 2025 Industrial Profits +3% y/y (prior +2.6%), best since December +1.4% YTD (prior +0.8%) The rebound is a sign of some recovery for …
Goldman Sachs says “oil production growth from non-OPEC ex Russia ex shale top projects will likely accelerate to 1MB/d over next two years” “wave of …
Japan finance minister Kato: Important for currencies to move in a stable manner reflecting fundamentals Generally speaking, higher yen could push down import costs and …
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …
Japan finance minister Kato: interest rates reflect various factors, but market sees rising rates as reflecting concerns about state finances Will closely monitor bond market …
Agustín Carstens (head of the Bank for International Settlements): Essential for fiscal authorities to curb relentless rise in public debt With days of ultra-low rates …
The data from Japan is here: Japan Services Producer Price Index (April 2025) +3.1% (expected +3.0%, prior +3.1%) And Ueda here: Bank of Japan Governor …