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.

WSJ04:39 ET

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.

Yahoo Finance19:46 ET

Canada Consumer Confidence Could Get Boost From Rate Cut -- Market Talk

A Canadian consumer-confidence gauge indicates a small increase for May.

WSJ12:19 ET

Traders Hedging Bets On Bank of Canada Rate Cut In June -- Market Talk

Bank of Canada officials are likely to hold off on a rate cut until July because they may seek further evidence of economic weakness, says Karl Schamotta, chief market strategist at forex firm Corpay. Schamotta says, based on activity in the overnight-index swap market, traders believe there is a 59% likelihood of a June rate cut, which is up from 40% prior to the release this week of April CPI data but below 64% from the end of March.

WSJMay 22 08:50 ET

Myriad Measures Of Core CPI Gives Bank Of Canada Latitude To Cut -- Market Talk

Various measures of underlying, or core, inflation in Canada should give the Bank of Canada the latitude to either cut interest rates on June 5 or in July, says economist David Rosenberg in his daily note to clients.

WSJMay 22 08:28 ET

Inflation Progress Continues in Canada, Notes UBS

Tuesday's Canadian inflation report continues to show a sequential slowing in inflation, noted UBS.

MT NewswiresMay 22 07:49 ET