Italy's Di Maio: 5-Star wasn't consulted over letter to EU

Italian Deputy Prime Minister Luigi Di Maio crossed the wires in the last hour saying that the 5-Star wasn't consulted over the letter that was prepared as a response to the EU's concerns over the budget and called upon a government meeting before it is sent out, as reported by Reuters.

USD/JPY extends slide to fresh multi-month lows near 108.60, erases 100 pips on Friday

The selling pressure surrounding the USD/JPY pair remained intact in the NA session with the risk aversion intensifying following Wall Street's negati
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China: Further targeted stimulus to continue after PMI data - TD Securities

"The May official non-manufacturing PMI held at 54.3, but the manufacturing PMI disappointed, coming in 0.5 points below expected at 49.4," note TD Se
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