Daily Market Insight

• German business sentiment stagnates in May • Japan upgrades factory output view in monthly report • Thailand plans stimulus as 2024 growth seen low at 2.5%, Finance Minister says • Dollar firm ahead of global inflation data

• US core capital goods orders rise, inflation expectations improve • German economy grew 0.2% in Q1, stats office confirms • Ueda says BOJ will proceed cautiously with inflation targeting frameworks • Dollar down on profit taking but upbeat outlook remains

• US business activity quickens in May; price pressures building up • US new home sales fall in April; prices rise from year ago • Japan's inflation slows further, keeping BOJ cautious on further rate hikes • Dollar higher on US business activity boost

• US home sales post second straight monthly drop; house prices accelerate • Japan manufacturing activity unexpectedly picks up in May, services slows • Japanese business confidence weighed down by weak yen, price pressures • Dollar steadies, but on track for sharp weekly loss

• Interest rates likely to remain above levels seen in past decade • Japan closely monitoring weak yen and bond market, Finance Minister says • China's fiscal revenue shrank 2.7% in Jan-April amid shaky economic recovery • Dollar steadies, but on track for sharp weekly loss

• Japan inflation likely slowed again, may ease cost pressure • China new home prices fall at fastest pace in over 9 years • China keeps loan prime rate unchanged as stimulus measures continue • Dollar steadies, but on track for sharp weekly loss

• Initial jobless claims dip to 222,000 last week, but still above estimates • Australia jobs rise more than expected in April, but unemployment increases • China industrial production grows in April, retail sales disappoint • Dollar stabilizes after sharp CPI-induced fall; euro hands back some gains

• Consumer price growth slowed marginally in April; CPI rose an annualized 3.4% • Japan GDP shrinks more than expected in Q1 as consumption slows • China's central bank leaves key policy rate unchanged • Dollar drops to one-month low vs euro before key CPI test

• Producer prices grow at a faster-than-projected rate in April • Waning Fed rate cut bets boost US Treasury yield forecasts • China strongly opposes US tariff hikes, pledging measures to defend rights • Dollar steady ahead of inflation data; sterling slips after job numbers

• US federal debt is the biggest long-term downside risk for markets • Fed to cut twice or not at all • China's central bank pledges to support economic recovery • Dollar just lower; steadying after key inflation data