Japan’s YoY core inflation rose to 3.4%
After a short relief, the Japanese core CPI rebounded to 3.4% as expected. This has increased pressure on the Bank of Japan to introduce further tightening measures. USD/JPY climbed 102 pips to 138.7. On the other hand, US Initial Jobless Claims slowed to 242,000 in April, and USD/CAD gained 47 pips to 1.3502.
EUR/USD declined 70 pips to 1.0770, and GBP/USD fell 78 pips to 1.2409. Australia recorded a 4,300 drop in total employment in April, and AUD/USD slipped 38 pips to 0.6622.
US crude oil inventory jumped by 5 million barrels, and WTI oil futures declined $1.00 to $71.86 a barrel. Spot gold slid $24 to $1,957.58 an ounce. Bitcoin and Ethereum are trading lower at $26,836.0 and $1,798.61 respectively.
The Nasdaq 100 surged 245 points to 13,834, and the S&P 500 advanced 39 points to 4,198. The Dow Jones Industrial Average added 115 points to 33,535.
EUR/USD declined 70 pips to 1.0770, and GBP/USD fell 78 pips to 1.2409. Australia recorded a 4,300 drop in total employment in April, and AUD/USD slipped 38 pips to 0.6622.
US crude oil inventory jumped by 5 million barrels, and WTI oil futures declined $1.00 to $71.86 a barrel. Spot gold slid $24 to $1,957.58 an ounce. Bitcoin and Ethereum are trading lower at $26,836.0 and $1,798.61 respectively.
The Nasdaq 100 surged 245 points to 13,834, and the S&P 500 advanced 39 points to 4,198. The Dow Jones Industrial Average added 115 points to 33,535.
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