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Australia central bank says higher US tariffs a drag on global economy
SYDNEY, June 3 (Reuters) - Australia's central bank said on Tuesday that higher U.S. tariffs would drag on the global economy and put near-term downward pressures on prices of traded goods, though the exact impact is hard to assess given the policy uncertainties.In a speech in Brisbane, Reserve ...Reuters
Tue, Jun 3
Japan’s economic policy roadmap to promote domestic ownership of JGBs – Reuters
According to a draft of the government’s economic policy roadmap obtained by Reuters, “Japan is expected to promote domestic ownership of government bonds to avoid further rises in long-term interest rates.”
Fxstreet
Tue, Jun 3
China's factory activity cools in May as US tariffs hit
BEIJING, June 3 (Reuters) - China's factory activity in May shrank for the first time in eight months, a private-sector survey showed on Tuesday, indicating U.S. tariffs are now starting to directly hurt the manufacturing superpower.Reuters
Tue, Jun 3
RBA Minutes: Not yet time to move monetary policy to an expansionary setting
The Reserve Bank of Australia (RBA) published the Minutes of its May monetary policy meeting on Tuesday, highlighting that the board decided the case for a 25 basis points (bps) cut was a stronger one and preferred policy to be cautious and predictable.Fxstreet
Tue, Jun 3
Japan’s PM Ishiba may seek snap election if no-confidence motion submitted
Japanese Prime Minister Shigeru Ishiba said late Monday that he may dissolve the House of Representatives for a snap general election if the main opposition party submits a no-confidence motion, per Japan Today.Fxstreet
Mon, Jun 2
IMF approves $1.5 billion, 2-year flexible line of credit for Costa Rica
WASHINGTON, June 2 (Reuters) - The International Monetary Fund on Monday said it had approved a $1.5 billion, two-year precautionary flexible line of credit for Costa Rica, saying it would enhance Costa Rica's external buffers against potential risks.In a statement, the IMF said its Flexible Cre...Reuters
Mon, Jun 2
US LNG exports declines in May from April's record
US LNG exports drop on plant maintenance activityU.S. largest LNG facility producing at lowest levels in 22 monthsMost LNG exported in May sold to Europe as traders take advantage of higher pricesBy Curtis Williams HOUSTON, June 2 (Reuters) - U.S. liquefied natural gas exports fell in May due to ...Reuters
Mon, Jun 2
Trump and Xi will likely speak this week, White House says
WASHINGTON, June 2 (Reuters) - President Donald Trump and Chinese leader Xi Jinping will likely speak this week, White House press secretary Karoline Leavitt said on Monday, days after Trump accused China of violating an agreement to roll back tariffs and trade restrictions.Leavitt is the third top ...Reuters
Mon, Jun 2
USDOT offering $5.4 billion for bridge funding, but strikes diversity requirements
By David ShepardsonJune 2 (Reuters) - The U.S. government will make available $5.4 billion in grant funding for building, replacing or repairing bridges across the country under a 2021 infrastructure law, but is striking diversity requirements, the U.S. Department of Transportation said on Monday.US...Reuters
Mon, Jun 2
TREASURIES-US yields rise after latest tariff threat, data
Yields rise after Trump's tariff announcement on steel and aluminumISM manufacturing PMI shows contraction for third straight monthFed's Waller said cuts this year still possibleBy Chuck Mikolajczak NEW YORK, June 2 (Reuters) - Longer-dated Treasury yields climbed on Monday after the ...Reuters
Mon, Jun 2
