No Data
UK Recovery From Recession Loses Pace With PMIs Below Forecast
The UK economy’s recovery lost some momentum in May as activity and price pressures in the services sector started to fade.
Japan Flash PMI Signals Private-Sector Pickup -- Market Talk
0839 GMT - Japan's private-sector activity seems to be on the mend, with a flash PMI gauge showing the fastest growth in nine months. The au Jibun Bank flash composite PMI rose to 50.5 in May from 49.
Pound Sterling Exhibits Firm-footing Ahead as Traders Pare BoE Rate Cut Bets
The Pound Sterling (GBP) clings to gains above the crucial support of 1.2700 in Thursday's London session.
UK inflation is higher than expected, cooling the outlook for interest rate cuts in June
The UK CPI for April was 2.3%, which is expected to be 2.1%. Heated inflation in the UK cooled the Bank of England's interest rate cut in June. Dutch International Group said that although the inflation data “will not change the Bank of England's rules of the game,” the possibility of cutting interest rates in June has decreased.
Steady, Widening Service Price Rises May Spur BOJ Hike
Service prices, a key component of Japan’s inflation data, are sustaining momentum, adding to the case for the Bank of Japan to take another step before too long toward policy normalization.
GBP/JPY Rises After UK Inflation Data Beats Analysts' Estimates
GBP/JPY pushes higher after UK inflation data comes out above analysts’ estimates.