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3 Jun 2024

Indonesia Core Inflation (YoY) came in at 1.93%, above expectations (1.88%) in May

Jun 3, 2024

Indonesia Inflation (MoM) below forecasts (0.05%) in May: Actual (-0.03%)

Japanese Yen receives pressure after dovish comments from Minister Shindo

The Japanese Yen (JPY) depreciates, with Japanese Economy Minister Yoshitaka Shindo announcing on Monday that the government will “continue efforts for primary balance to reach within surplus territory in FY 2025.” Shindo also expressed optimism, stating that “Real economic growth of 1.3% in FY 2025 is not so unrealistic,” per Reuters.