Japan Meteorological Agency, JMA, heads up on the quake Magnitude reported at 5.9 (preliminary magnitude) – Earthquake in the northern part of Osaka Prefecture Revised magnitude of 5.3, but do note its at a depth of only 10km, relatively shallow
Port Kembla, south of Wollongong NSW, Australia is the second largest coal export port in NSW. – Fire in the cargo hold of the ship – port expected to repopne later today Posting this for info purposes. Occasionally you’ll get ‘sky is falling’ info on social media overblowing the magnitude of theses events. Sometimes…
BNZ – BusinessNZ indicator for the New Zealand’s services sector 57.3 in May A solid rise for this PMI – all 5 of the sub measures increased BNZ:
A light calendar day to kick start the week Good day, everyone! Hope you all had a good weekend as we get the new week going. International media has their spotlight focused on Russia where World Cup results haven’t been going according to plan – but fret not, it’s still early days and there is…
The European Central Bank host the ECB Forum on Central Banking in Sintra, Portugal from 18 to 20 June 2018 I won’t be attending after the ECB implemented their harsh ‘no riff-raff’ policy.
Mexico beat Germany one-nil in an opening round game of the World Cup 2018 Reports Reuters: !!!!!
There is not a lot on the economic calendar from Australia this coming week, but there is some Reserve Bank of Australia activity: , 11.30 am Sydney time (0130GMT)
Forex and Bitcoin news for Asia trading Monday 18 June 2018 Gold and silver are the ugly, ICYMI. The precious two fell heavily late last week and didn’t get a lot of love at the opening of the new week apart from a small retrace. No fresh news on these, we await Europe and US…
Saudi Arabia and Russia are backing an increase in oil production at the OPEC (and other producers) meet in Vienna this week Link to the Bloomberg piece is here
The Bank of International Settlements (BIS) sounding an alarm and Bitcoin and other of the large cryptos The bank says networks are prone to congestion, making them more fragile and “trust can evaporate at any time”