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Foreign exchange market. Asian session
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
00:30 Australia MI Inflation Gauge, m/m May 0.3% 0.3%
01:00 China Non-Manufacturing PMI May 53.4 53.2
01:00 China Manufacturing PMI May 50.1 50.2 50.2
01:30 Australia Company Gross Profits QoQ Quarter I -0.4% Revised From -0.2% 0.5% 0.2%
01:30 Australia Building Permits, m/m April 2.9% Revised From 2.8% -2% -4.4%
01:35 Japan Manufacturing PMI (Finally) May 49.9 50.9 50.9
01:45 China HSBC Manufacturing PMI (Finally) May 48.9 49.1 49.2
The euro slid on concern about the impasse between Greece and its creditors, while oil and crops fell. Greece faces a week of tough decisions as creditors show no signs of budging over what it will take to seal an accord. Greece must make four payments totaling almost 1.6 billion euros ($1.78 billion) to the International Monetary Fund this month and its bailout package backed by the euro region expires at the end of June.
EUR / USD: during the Asian session the pair fell to $ 1.0930
GBP / USD: during the Asian session, the pair was trading in the $ 1.5255-00
USD / JPY: during the Asian session, the pair was trading around Y124.10
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