Ireland Purchasing Manager Index Manufacturing rose from previous 47.6 to 49.8 in May

Jun 4, 2024

Japanese Monetary Base expands far less than expected in May, growing 0.9% versus 2.2% forecasts

Japan's Monetary Base, or the amount of currency being supplied by the Bank of Japan (BoJ) as measured by combining all notes and coins in circulation in addition to current account balances, eased to 0.9% for the year ended in May as Japanese markets struggle to find uses for additional cash supplied by the BoJ.

USD/CAD remains on the defensive above 1.3600 ahead of the BoC rate cut decision

The USD/CAD pair remains on the defensive around 1.3620 during the early Asian session on Tuesday.