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JAPAN MAY CORE CPI INFLATION RISES 3.7% Y/Y; EST. 3.6%; PREV. 3.5%
HIGHEST SINCE JANUARY 2023 $JPY Source: investing.com
China: The trade war is starting to weigh on activity
Trade balance figures for the month of May reveal a notable slowdown in exports. Source: BCV
Blackout Period
Watch out for Jerome Powell's remarks this Wednesday.Then — the Fed enters a new phase:The blackout period ends Thursday, meaning Fed officials will be free to speak again starting Friday. source : evan
Central Bank Rate Decisions This Week
source : Bloomberg
US companies are eating tariff costs, as margin pressures persist for an 8th straight month.
Source: zerohedge
In case you missed it: Italy's total government debt has topped €3tn, for the 1st time ever.
Source: HolgerZ, Bloomberg
U.S. Tariff Revenue soared to $22.2 Billion during May, an all-time high 🚨🚨
Source: zerohedge
May US inflation slightly cooler than expected. Core CPI rose by 2.8% YoY, just below forecast of 2.9%, while headline inflation at 2.4%, matching expectations.
Both figures remain above Fed's 2% target, but Trump’s tariffs have not yet significantly impacted overall inflation. Source: HolgerZ, Bloomberg
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