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Australia’s Morrison: Government needs to focus on budget improvement

In an interview with ABC TV on Wednesday, the Australian treasurer Morrison stressed on the need for budget improvement.

Key Quotes:

“Australian economy can't rely on global growth alone”

“Government needs to focus on budget improvement”

UK: May labour report to show a stable 5.0% unemployment rate - TDS

Research Team at TDS, expects UK’s May labour report to show a stable 5.0% unemployment rate (mkt 5%) with risks skewed towards a drop to 4.9%. Key Q
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USD/JPY struggling for direction, consolidating around 106.00

Despite of a broadly stronger US Dollar, the USD/JPY pair is seen consolidating its recent sharp gains around 106.00 handle.  On Tuesday, the pair di
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