India HSBC Manufacturing PMI dipped from previous 54.7 to 54.3 in May

India HSBC Services PMI climbed from previous 58.8 to 58.9 in May

European Central Bank (ECB) official and Finnish Central Bank Governor Olli Rehn said that under adverse circumstances, it might be necessary to raise interest rates to maintain credibility, Reuters reported on Thursday.

India HSBC Composite PMI: 58.1 (May) vs previous 58.2

NZD/USD depreciates after registering 0.62% gains in the previous day, trading around 0.5860 during the Asian hours on Thursday.

The preliminary reading of India’s HSBC Manufacturing Purchasing Managers Index (PMI) declines to 54.3 in May versus 54.7 prior, the latest data published by S&P Global and HSBC Bank showed on Thursday.

Netherlands, The Consumer Confidence Adj: -46 (May) vs previous -44

Netherlands, The Unemployment Rate s.a (3M): 3.9% (April) vs previous 4%

AUD/JPY inches lower after registering over 0.5% gains in the previous day, trading around 113.60 during the Asian hours on Thursday. The currency cross remains subdued following the release of Australia’s labor market data.

Bank of Japan (BoJ) Policy Board Member Junko Koeda said on Thursday that Japan's core inflation rate has approached 2%. Koeda also highlighted the progress towards achieving the BoJ's inflation goal, which has been a key focus for policymakers in recent years.

Australia Consumer Inflation Expectations: 5.6% (May) vs previous 5.9%

Australia’s Unemployment Rate climbed to 4.5% in April, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in above the market consensus of 4.3%.

Australia Part-Time Employment increased to -7.9K in April from previous -34.6K

Australia Unemployment Rate s.a. above expectations (4.3%) in April: Actual (4.5%)

Australia Full-Time Employment declined to -10.7K in April from previous 52.5K

Australia Participation Rate came in at 66.7% below forecasts (66.8%) in April

Australia Employment Change s.a. came in at -18.6K, below expectations (17.5K) in April

Japan Adjusted Merchandise Trade Balance increased to ¥236.4B in April from previous ¥90.7B

USD/JPY remains subdued for the second successive day, trading around 158.90 during the Asian hours on Thursday. The pair depreciates as the Japanese Yen (JPY) holds gains following the release of Japan’s Merchandise Trade Balance Total data.

Japan Jibun Bank Services PMI declined to 50 in May from previous 51

Japan Jibun Bank Manufacturing PMI in line with expectations (54.5) in May

Japan Machinery Orders (YoY) came in at 5.9%, above expectations (4.5%) in March

Japan Machinery Orders (MoM) came in at -9.4%, below expectations (-8.1%) in March

Japan Foreign Investment in Japan Stocks fell from previous ¥1437.5B to ¥949.6B in May 15

Japan Merchandise Trade Balance Total above expectations (¥-29.7B) in April: Actual (¥301.9B)

Japan Imports (YoY) above forecasts (8.3%) in April: Actual (9.7%)

Japan Exports (YoY) came in at 14.8%, above forecasts (9.3%) in April

Australia S&P Global Manufacturing PMI: 50.2 (May) vs previous 51.3

The preliminary reading of Australia's S&P Global Manufacturing Purchasing Managers Index (PMI) declined to 50.3 in May versus 51.3 prior, the latest data published by S&P Global showed on Thursday.

Australia S&P Global Services PMI: 47.7 (May) vs previous 50.7