Highlights Oil prices remain hostage to geopolitics as markets continue to swing between de-escalation hopes and renewed shipping disruptions. The oil market has leaned on several mechanisms to absorb the shock. Key buffers like inventory drawdowns, strategic reserves, rerouted flows, and softer demand have cushioned supply losses, leaving less room to respond to future disruptions. […]
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Japan’s wage growth remained robust in June, reinforcing the Bank of Japan’s case for continued policy normalization. Real wages rose 1.6% y/y, matching May’s upwardly revised gain and marking a sixth consecutive monthly increase, the Read more…
China’s services sector remained in expansion in July, but growth slowed sharply as domestic demand weakened. The RatingDog China General Services PMI fell from 54.1 in June to 50.4, its lowest reading since September 2024, Read more…
Japan’s services sector continued to expand in July, but the pace of growth slowed as demand softened from earlier in the year. The S&P Global Japan Services PMI fell to 51.2 from 52.2 in June, Read more…