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Xinhua Asia-Pacific news summary at 1000 GMT, June 4


Xinhua Asia-Pacific news summary at 1000 GMT, June 4
04 Jun 2021, 20:55 GMT+10
ISLAMABAD A driver was killed and 28 women were injured when a factory bus they were travelling in plunged into a ditch after gunmen opened fire at them in Pakistan s Hassan Abdal city of the eastern Punjab province on Friday, a rescue official said.
The unknown assailants attacked the bus when women laborers were on their way to the factory in the country s northwest Haripur district from Hassan Abdal early Friday morning, Muhammad Haider, an emergency official of the state-owned emergency rescue service Rescue 1122 in the city, told Xinhua. (Pakistan-Factory Bus Attack) ....

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*Japan Household Spending +2.4% On Month, -6.6% On Year In February


Japan Household Spending +2.4% On Month, -6.6% On Year In February
Japan Household Spending +2.4% On Month, -6.6% On Year In February
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Buy (almost) everything is back - MarketPulse


Buy (almost) everything is back
April 6, 2021SharePrint
Stock markets rise, US dollar dips
In a flashback to the future, US markets fully returned to work overnight and partied like it was 2020. Stock markets powered higher; the US dollar fell at the expense of risk-correlated currencies, US yields eased slightly, and industrial metals rose. Gold and cryptos both had positive days with only oil suffering, which we will discuss later.
There seems to have been a delayed reaction to Friday’s impressive Non-Farm Payrolls. The whole buy everything process being given another sugar rush by the US ISM Non-Manufacturing PMI blowing forecasts out of the water. Markit Services PMI had outperformed as it rose to 60.40, but the ISM data stole the show. Non-Manufacturing PMI for March rose to 63.70 versus 59.0 expected, as the US reaps the Covid-19 jabs in arms, stimulus cheques peace dividend faster than expected. ....

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*Japan Household Spending -6.1% On Year In January

*Japan Household Spending -6.1% On Year In January
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