The economic calendar of the first trading day of the new week looks pretty dense in the Asian session. Production figures of Australia and Japan provide the direction of the market at the moment. The smallest impact was made by Japanese investment data in the 1st quarter and the gross operating profit of Australian companies. In Australia, the AIG Manufacturing PMI fell from 54.8 to 52.7 in May. The production index decreased by 6.9 points to 51.2, while the index of new orders fell by 3.3 points to 52.3.