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Japan’s Trade Negotiator Akazawa plans to meet Bessent for trade talks

Japan’s Chief Trade Negotiator and Economy Minister Ryosei Akazawa said on Friday that he “plans to meet US Treasury Secretary Scott Bessent and others for Japan-US tariff talks.”

Further comments

Will take appropriate actions while gathering necessary information when asked about US court blocking Trump’s tariffs.

Mutual trust deepening between PM Ishiba and President Trump through phone talks two weeks in row.

Australia’s Retail Sales decline 0.1% MoM in April vs. 0.3% expected

Australia’s Retail Sales, a measure of the country’s consumer spending, declined 0.1% MoM in April, compared to a rise of 0.3% in March, the official data published by the Australian Bureau of Statistics (ABS) showed on Friday.
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Australian Dollar remains subdued as monthly Retail Sales fall in April

The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Friday, retracing its recent gains from the previous session. The AUD/USD pair remains subdued following the release of disappointing economic data from Australia.
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