Japanese bank lending including trusts year-on-year in May stood at 3.0%, slightly lower than the previous month. Excluding trusts, bank lending year-on-year was 3.4%, a decrease from the previous rate. Japanese GDP deflator year-on-year was 3.4%, below the forecast and previous figures. The Japanese economy watchers poll showed a decrease in actual figures compared to forecasts and the previous period. Italian industrial production month-on-month saw a decline, while Eurozone Sentix investor confidence index showed improvement. Norwegian CPI month-on-month fell below expectations. Japanese money stock M2 and M3 year-on-year figures decreased in May compared to the previous period. Australian NAB business confidence and conditions both declined, with business conditions at 6. The Netherlands saw an increase in the final May harmonized CPI month-on-month, while Dutch CPI year-on-year and month-on-month figures showed mixed results.
Business confidence fell 4pts (unrounded) to -3 Business conditions fell 1pt to +6 Prices reversing some of the declines from recent months (NAB Survey) #ausbiz https://t.co/WJpeYDq6V8
The Dutch Consumer Price Index for the month-over-month change came in at 0.2%, falling below the forecast of -%, and showing a decrease from the previous rate of 0.7%.
DUTCH CPI MOM ACTUAL 0.2% (FORECAST -, PREVIOUS 0.7%) $MACRO
DUTCH CPI YOY ACTUAL 2.7% (FORECAST 2.6%, PREVIOUS 2.7%) $MACRO
NETHERLANDS SEES 0.3% MONTH ON MONTH INCREASE IN FINAL MAY HARMONIZED CPI
AUSTRALIAN NAB BUSINESS CONFIDENCE ACTUAL -3 (FORECAST -, PREVIOUS 1) $MACRO
AUSTRALIAN NAB BUSINESS CONDITIONS ACTUAL 6 (FORECAST -, PREVIOUS 7) $MACRO
AUSTRALIA'S BUSINESS CONDITIONS FALL TO 6: NAB
JAPAN (MAY) MONEY STOCK M3 (YOY) ACTUAL: 1.3% VS 1.6% PREVIOUS
JAPAN (MAY) MONEY STOCK M2 (YOY) ACTUAL: 1.9% VS 2.2% PREVIOUS
Japanese Money Stock M2 (Y/Y) May: 1.9% (prev 2.2%) - Money Stock M3 (Y/Y) May: 1.3% (prev 1.6%)
EUROZONE SENTIX INVESTOR CONFIDENCE INDEX ACTUAL 0.3 (FORECAST -1.7, PREVIOUS -3.6) $MACRO
ITALIAN INDUSTRIAL PRODUCTION MOM ACTUAL -1.0% (FORECAST 0.2%, PREVIOUS -0.5%) $MACRO
NORWEGIAN CPI MOM ACTUAL -0.1% (FORECAST 0.1%, PREVIOUS 0.8%) $MACRO
JAPANESE ECONOMY WATCHERS POLL ACTUAL 45.7 (FORECAST 48.5, PREVIOUS 47.4) $MACRO
🇯🇵 Bank Lending YoY (May) Actual: 3% Expected: 3.1% Previous: 3.1% https://t.co/J9gkdBRxAb
Japanese Bank Lending Including Trusts (Y/Y) May: 3.0% (prev 3.1%) - Bank Lending Excluding Trusts (Y/Y) May: 3.4% (R prev 3.5%)
JAPANESE GDP DEFLATOR FINAL YOY ACTUAL 3.4% (FORECAST 3.6%, PREVIOUS 3.7%) $MACRO