Recovery leg from 1.1324 (2026 low, posted last week) started to lose traction, as better than expected inflation numbers from some EU member countries (Germany, France, Italy) cooled expectations for ECB rate hike. Markets wait for the EU June CPI data (due tomorrow), as well this week’s release of US labor sector report for June. […]
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Japan’s business confidence improved more than expected in the second quarter, with the Bank of Japan’s Tankan survey showing sentiment among large manufacturers rising from 17 to 22 in June, well above the market consensus Read more…
Japan’s manufacturing sector strengthened further in June, with the S&P Global Manufacturing PMI rising from 54.5 to 54.8, marking a sixth consecutive month of expansion. The latest reading capped the sector’s strongest quarterly performance since Read more…
Australia’s manufacturing sector strengthened further in June, with the S&P Global Manufacturing PMI rising from 50.7 to 51.5, marking its third consecutive month above the 50.0 expansion threshold and its highest reading since January. The Read more…