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BOJ's Kuroda: Fed policy normalization is good thing for global economy

The comments from Bank of Japan (BOJ) governor Kuroda are crossing the wires via Reuters:

  • Fed is normalizing policy as inflation is converging towards its price target - this is the good thing for a global economy. 
  • Fed is normalizing policy very cautiously, don't see move causing a big negative impact on emerging economies. 

US President Trump: US will provide support for coal plants

US President Donald Trump is apparently promising to provide financial support for unprofitable coal power plants. With coal plants struggling to kee
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China Caixin Manufacturing PMI above forecasts (51) in May: Actual (51.1)

China Caixin Manufacturing PMI above forecasts (51) in May: Actual (51.1)
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