Morning Minutes: What will make headlines, June 7, 2016

This year's National Day Parade will return to the National Stadium after 10 years.
This year's National Day Parade will return to the National Stadium after 10 years.PHOTO: ST FILE

Good morning! Morning Minutes is a round-up of stories that will break on Tuesday, June 7, and which we think you'd be interested in.

It appears on weekdays, available by 7am.

National Day Parade funpack to be revealed

Details on this year’s National Day Parade funpack – a perennial favourite among parade goers – will be revealed today.

More information on the outreach activities leading up to Aug 9 are also expected.

The country’s birthday bash this year will mark a return to the National Stadium after 10 years. It promises highlights such as the use of unmanned technologies and indoor fireworks.

Six states to hold primaries for the US presidential nomination


US Democratic presidential candidates Bernie Saanders (left) and Hillary Clinton (right). PHOTOS: AFP

Six states, including California, hold their primaries for the United States presidential nomination today, the last batch to do so.

Democrats Hillary Clinton and Bernie Sanders are in a dead heat in California, the most delegate-rich of all the states.

While a win for Mrs Clinton in Puerto Rico’s primary on Sunday (June 5) means she is just 28 delegates short of clinching the nomination, Senator Sanders has vowed not to give up.

China to release foreign exchange reserves data today


People stand at the Bund overlooking the financial district Lujiazui in Shanghai, on June 1, 2016. PHOTO: AFP

China will release a flurry of May economic data this week, starting with foreign exchange reserves today.

Economists say China’s forex reserves likely fell US$20 billion (S$27 billion) to US$3.2 trillion in May, after two months of marginal gains, but traders believe capital outflows remain largely in check.

Traders are also awaiting for trade and industrial production figures, which will cast light on the health of its economy amid a slowdown.

Aussie central bank likely to hold rates


People walk past the Reserve Bank of Australia building in Sydney, on May 3, 2016. PHOTO: AFP

The Reserve Bank of Australia will be holding its interest rate policy meeting today to set monetary policy.

Rates are expected to be held, with no actual improvement in the economic outlook for the country.

Europe will also release its revised second-quarter economic growth numbers. Initial forecasts put growth at 1.5 per cent, compared with the same period last year.