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PBOC publishes 9 new financial service standards

FXStreet (Mumbai) - The Chinese central bank, the PBOC said in an online statement via Reuters over the last hours, the Chinese authorities published nine new financial service standards that will come into effect on June 1.

The central bank noted that the new standards set guidelines for financial services and protect financial consumers.

BoJ: Framework changes to make communication effective with markets - ING

Research Team at ING, suggests that the Bank of Japan’s framework changes this year and is designed to make communication with the markets more effective.
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Mixed PMI data from across the globe - Rabobank

Michael Every, Head of Financial Markets Research at Rabobank, notes that the China’s Caixin manufacturing PMI came in at 48.2, worse than expected and so did the US ISM manufacturing survey, the latter being the worst print since 2009.
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