Fed's Williams expects at least three rate increases this year

Source: Dukascopy Bank SA
San Francisco Fed's John C. Williams revealed that his base case scenario is the Fed to rise interest rate three times this year, or more if the US economy outperforms expectations.
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Thu, 01 Jun 2017 04:27:38 GMT

BoJ's Harada says no long-term losses expected

On Thursday, Yutaka Harada, the BoJ policy board member, stated that the Bank of Japan would not experience any negative consequences once the monetary policy tightening finally begins.

Thu, 01 Jun 2017 03:11:03 GMT

Chinese manufacturing PMI at 49.6 in May

According to the Caixin report, the Chinese manufacturing PMI fell to 49.6 in May, missing expectations for a 50.1 reading, as the economy was at descending trajectory.

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