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Germany May construction PMI 42.4, previous 42.1.
2026-06-04
Germany May construction PMI 42.4, previous 42.1.
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2026-06-05
US President Trump: We will reach a trade agreement with India.
US President Trump: We will reach a trade agreement with India.
2026-06-04
Foreign investors net-sold about ¥395bn (≈$2.5bn) of Japanese equities in the week to May 29, ending an eight-week net-buying streak, Japan Exchange Group data show. The selling coincided with the Nikkei 225 briefly topping 65,000 for the first time,
Foreign investors net-sold about ¥395bn (≈$2.5bn) of Japanese equities in the week to May 29, ending an eight-week net-buying streak, Japan Exchange Group data show. The selling coincided with the Nikkei 225 briefly topping 65,000 for the first time, driven by AI-exposed names including SoftBank, Kioxia and Murata Manufacturing, and followed a sharp rally that prompted profit-taking. Pelham Smithers Associates managing director Pelham Smithers said rising concern that AI is forming a bubble has emerged, estimating roughly 70% of Japan’s 2026 gains are from AI-related stocks and noting some global investors are reallocating to less AI-concentrated markets such as Europe.
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