India WPI Inflation in line with forecasts (3.07%) in April

US-China trade war escalating – Danske Bank

Piet P.H. Christiansen, senior analyst at Danske Bank, points out that there was an escalation in the US-China trade war as Trump continued to lash ou
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USD/JPY recovers further from multi-month lows, above mid-109.00s

• Trump’s positive trade-related comments prompt some short-covering move. • BoJ Governor Kuroda’s comments weigh on the JPY and remained supportive.
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