Japan’s Suzuki: Important for currencies to move in stable manner reflecting fundamentals

Japanese Finance Minister Shunichi Suzuki said on Friday that “it is important for currencies to move in a stable manner reflecting fundamentals.”

Additional quotes

Closely watching FX moves.

Prepared to take all measures on forex.

May 31, 2024

WTI drops to near $77.50 as US PCE, OPEC+ meeting loom

West Texas Intermediate (WTI) crude Oil continues its losing streak for the third consecutive day, trading around $77.50 per barrel during the Asian session on Friday.

US core PCE inflation set to steady as Federal Reserve rate cut for September hangs in the balance

The core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation measure, will be published on Friday by the US Bureau of Economic Analysis (BEA) at 12:30 GMT.