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21

May 2026
Australia Unemployment Miss at 4.5% Dampens RBA Hawkishness, Pressures Aussie Dollar

Australia’s seasonally adjusted unemployment rose to 4.5% in April, above the 4.3% market forecast.

21

May 2026
Japan services PMI slips to 50 in May, clouding Bank of Japan normalisation and yen outlook

Japan’s Jibun Bank Services PMI slid to 50.0 in May, signaling stalled growth from April.

21

May 2026
Japan’s May Jibun Bank Manufacturing PMI at 54.5 supports expansion, with limited market reaction

Japan’s May Jibun Bank Manufacturing PMI came in at 54.5, meeting expectations and signaling expansion.

21

May 2026
AUD/USD dips as Australian PMIs weaken and US dollar gains on Middle East tensions

AUD/USD dipped to 0.7150 as weak Australia PMIs and Middle East tensions boosted safe-haven US Dollar demand.

21

May 2026
Japan’s core machinery orders beat forecasts, bolstering capex outlook and fuelling BoJ hawkish bets

Japan’s core machinery orders climbed 5.9% in March, beating expectations of 4.5% year on year.

21

May 2026
Foreign net buying of Japanese equities slows to ¥949.6bn as Nikkei nears 40,000

Foreign net buying of Japanese stocks fell to ¥949.6bn in week ending 15 May, down ¥487.9bn.

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