Nikkei flash manufacturing PMI index released today showed the activity in Japan expanded at a fastest rate in 2 months largely due to a jump in the new export orders.
The flash PMI rose to 52.8 in April from 52.4 in March. New export orders rose at a faster rate, details of the report revealed. This should not come as a surprise, given the sequential rise in the Japanese exports seen over the last four months.
The good news is the output prices and input prices rose at a faster rate in April. Paul Smith, Senior Economist at HIS Markit, which compiles the survey, said, “Companies are adding to their workforces at a rate that matched January’s 34-month peak, but price pressures continue to mount with input costs and output charges rising at stronger rates.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
Recommended content
Editors’ Picks
EUR/USD trades quietly below 1.1700 as investors await fresh cues on US-EU trade talks
The EUR/USD pair trades calmly around 1.1670 during the Asian trading session on Tuesday. The major currency pair oscillates in a limited range, with investors awaiting fresh development on trade negotiations between the United States and the European Union.
GBP/USD: Struggles near multi-week low, around 1.3430 ahead of US CPI
The GBP/USD pair consolidates near the 1.3430-1.3435 region, just above a three-week low touched during the Asian session on Tuesday as traders keenly await the release of the US consumer inflation figure. Meanwhile, the fundamental backdrop seems tilted in favor of bears and suggests that the path of least resistance for spot prices is to the downside.
Gold price moves closer to three-week peak amid modest USD downtick
Gold price regains positive traction amid a modest USD pullback from a multi-week high. Persistent trade-related uncertainties also lend support to the safe-haven precious metal. Reduced Fed rate cut bets might cap the commodity ahead of the critical US CPI report.
BONK rallies as OI hits yearly high, LetsBonk.fun tops Solana launchpad revenue
Bonk continues its bullish momentum, extending gains, trading around $0.000027 on Tuesday after rallying almost 20% the previous week. On-chain and derivatives data paint a bullish picture as BONK’s launchpad has collected the highest weekly revenue, and Open Interest reaches its yearly high.
Five fundamentals for the week: Investors eye tariff circus and US inflation data Premium
Which country will be the next to receive a letter from America? US President Donald Trump has been extending his tariff threats through the weekend. Has the US economy felt the consequences of levies already imposed? These are the topics for another hot summer month.
Best Brokers for EUR/USD Trading
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.