USD/JPY Surges to 145, Suzuki Issues Intervention Warning: A Recap of Asia-Pacific FX News
Japan finance minister Suzuki says FX should move stably, reflect fundamentals China’s finance ministry says profits at state-owned firms were +10.9% y/y in January- May Australian Private Sector Credit growth in May +0.4% m/m (expected +0.4%) China June PMIs: Manufacturing 49.0 (expected 49.0) & Services 53.2 (expected 53.7) PBOC sets USD/ CNY mid-point today at…