Morgan Stanley predicts a 9% dollar drop by mid-2024, favoring euro, pound, yen, and franc.
China rejects U.S. trade accusations, asserts compliance, criticizes discriminatory measures, and vows to defend its interests firmly.
Inflation pressures ease; market forces influence yields; the Fed nears target, considering possible 2025 rate cuts.
Japan’s manufacturing sector shows easing contraction in May, with improving sentiment and employment despite global challenges.
Goldman Sachs projects stable OPEC+ output, with lower oil price forecasts due to global supply growth.
Governor Waller signals potential rate cuts, downplays long-term tariff inflation, monitors market expectations, and labour trends.
Japan’s Q1 capital spending rose 6.4% year-on-year, exceeding expectations and reversing previous declines.
Bank of Japan boosts bond loss provisions to 100%, anticipating rising interest rates and market shifts.
Australian manufacturing slowed in May, but confidence and export growth hint at potential recovery amid easing inflation.
China withholding key industrial products strains U.S. trade; Trump-Xi talks expected to address economic tensions.
Insights 
VT 
