Australia’s consumer inflation expectations eased to 5.6% in May, down from 5.9% previously recorded.
Australia’s unemployment rose to 4.5% as employment fell 18.6K; participation dipped and AUD/USD slipped.
Australia’s part-time employment fell 7.9K in April, improving from a 34.6K decline in the prior period.
Australia’s seasonally adjusted unemployment rose to 4.5% in April, above the 4.3% market forecast.
Japan’s Jibun Bank Services PMI slid to 50.0 in May, signaling stalled growth from April.
Japan’s May Jibun Bank Manufacturing PMI came in at 54.5, meeting expectations and signaling expansion.
AUD/USD dipped to 0.7150 as weak Australia PMIs and Middle East tensions boosted safe-haven US Dollar demand.
Japan’s core machinery orders climbed 5.9% in March, beating expectations of 4.5% year on year.
Foreign net buying of Japanese stocks fell to ¥949.6bn in week ending 15 May, down ¥487.9bn.
Japan’s April imports surged 9.7% year on year, beating the 8.3% forecast by 1.4 points.
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